How can mortgages be redesigned to reduce housing market volatility, consumption volatility, and default? How does mortgage design interact with monetary policy? We answer these questions using a ...

Learn how microeconomic pricing models determine market prices through supply and demand. Discover how equilibrium is ...

A computer simulation, or model, of a chiller plant must, by the author’s definition, duplicate the performance of the real plant within 1%-3% to qualify as a tool to design and evaluate the plant at ...