Economic calculation problemThe economic calculation problem (sometimes abbreviated ECP) is a criticism of using economic planning as a substitute for market-based allocation of the factors of production. It was first proposed by Ludwig von Mises in his 1920 article "Economic Calculation in the Socialist Commonwealth" and later expanded upon by Friedrich Hayek. In his first article, Mises described the nature of the price system under capitalism and described how individual subjective values (while criticizing other theories of value) are translated into the objective information necessary for rational allocation of resources in society.
CurveIn mathematics, a curve (also called a curved line in older texts) is an object similar to a line, but that does not have to be straight. Intuitively, a curve may be thought of as the trace left by a moving point. This is the definition that appeared more than 2000 years ago in Euclid's Elements: "The [curved] line is [...] the first species of quantity, which has only one dimension, namely length, without any width nor depth, and is nothing else than the flow or run of the point which [...
AreaArea is the measure of a region's size on a surface. The area of a plane region or plane area refers to the area of a shape or planar lamina, while surface area refers to the area of an open surface or the boundary of a three-dimensional object. Area can be understood as the amount of material with a given thickness that would be necessary to fashion a model of the shape, or the amount of paint necessary to cover the surface with a single coat.
TrapezoidIn geometry, a trapezoid (ˈtɹæpəzɔɪd) in USA and Canadian English, or trapezium (trəˈpiːziəm) in British and other forms of English, is a quadrilateral that has at least one pair of parallel sides. The parallel sides are called the bases of the trapezoid. The other two sides are called the legs (or the lateral sides) if they are not parallel; otherwise, the trapezoid is a parallelogram, and there are two pairs of bases. A scalene trapezoid is a trapezoid with no sides of equal measure, in contrast with the special cases below.
Isosceles trapezoidIn Euclidean geometry, an isosceles trapezoid (isosceles trapezium in British English) is a convex quadrilateral with a line of symmetry bisecting one pair of opposite sides. It is a special case of a trapezoid. Alternatively, it can be defined as a trapezoid in which both legs and both base angles are of equal measure, or as a trapezoid whose diagonals have equal length. Note that a non-rectangular parallelogram is not an isosceles trapezoid because of the second condition, or because it has no line of symmetry.
Tangential trapezoidIn Euclidean geometry, a tangential trapezoid, also called a circumscribed trapezoid, is a trapezoid whose four sides are all tangent to a circle within the trapezoid: the incircle or inscribed circle. It is the special case of a tangential quadrilateral in which at least one pair of opposite sides are parallel. As for other trapezoids, the parallel sides are called the bases and the other two sides the legs. The legs can be equal (see isosceles tangential trapezoid below), but they don't have to be.
Error functionIn mathematics, the error function (also called the Gauss error function), often denoted by erf, is a complex function of a complex variable defined as: Some authors define without the factor of . This nonelementary integral is a sigmoid function that occurs often in probability, statistics, and partial differential equations. In many of these applications, the function argument is a real number. If the function argument is real, then the function value is also real.
Trapezoidal ruleIn calculus, the trapezoidal rule (also known as the trapezoid rule or trapezium rule; see Trapezoid for more information on terminology) is a technique for approximating the definite integral. The trapezoidal rule works by approximating the region under the graph of the function as a trapezoid and calculating its area. It follows that The trapezoidal rule may be viewed as the result obtained by averaging the left and right Riemann sums, and is sometimes defined this way.
Gamma functionIn mathematics, the gamma function (represented by Γ, the capital letter gamma from the Greek alphabet) is one commonly used extension of the factorial function to complex numbers. The gamma function is defined for all complex numbers except the non-positive integers. For every positive integer n, Derived by Daniel Bernoulli, for complex numbers with a positive real part, the gamma function is defined via a convergent improper integral: The gamma function then is defined as the analytic continuation of this integral function to a meromorphic function that is holomorphic in the whole complex plane except zero and the negative integers, where the function has simple poles.
Shoelace formulaThe shoelace formula, shoelace algorithm, or shoelace method (also known as Gauss's area formula and the surveyor's formula) is a mathematical algorithm to determine the area of a simple polygon whose vertices are described by their Cartesian coordinates in the plane. It is called the shoelace formula because of the constant cross-multiplying for the coordinates making up the polygon, like threading shoelaces. It has applications in surveying and forestry, among other areas.
X-rayX-ray radiation, or, much less commonly, X-radiation, is a penetrating form of high-energy electromagnetic radiation. Most X-rays have a wavelength ranging from 10 nanometers to 10 picometers, corresponding to frequencies in the range 30 petahertz to 30 exahertz (3e16Hz to 3e19Hz) and energies in the range 124 keV to 145 eV, respectively. X-ray wavelengths are shorter than those of UV rays and typically longer than those of gamma rays.
