American Journal of Agricultural Economics, Vol. 53, No. 1 (Feb., 1971), pp. 63-70 (8 pages) The simultaneous-equation approach is used to formulate a positive spatial equilibrium model consisting of ...

This paper introduces a financial model that moves away from the conventional percentage of sales technique by incorporating explicit economic and behavioral specifications. Treating risk explicitly ...

Simultaneous equations are two linear equations that can be solved using bar models. By remembering that the same letter will always have the same value we can work out the missing values. To solve ...

The unknown values in an equation could be the individual costs of a smoothie and a banana when the combined cost is known. Simultaneous equations can be useful when running a business. Watch the ...

This was a two-year research project (June 2003 - May 2005) under the ESRC Research Methods programme. The project involved the development of multilevel simultaneous equations models for the analysis ...