Year 1977 was actually a real good year, and not just because I was born by mid-year. It was a good year for Mr Ohlin, who shared the “Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel” (aka Nobel in Economics) in 1977.
His contribution to the understanding of the international trade and the specialisation of countries on sectors, resource allocation, relative prices, and how income is distributed by international-trade participant countries, made him earn this loved prize.
Let me think a little and we’ll re-do the model a little bit; let me think of people as countries, the relationships as goods interchanges (international trade), and the abilities, intellect, etc, as resources… What’s the relative price of a fake compliment?, who’s specialised in patronising?, what about the gains of it?; or, what’s the relative price of advising someone?, who’s specialised in advising on career?, what are the gains again?; and so on.
My contacts in Brazil can use the Syxt community at:
http://www.syxt.com.br/fmarco
Regards,
F M-S.
Most of you know the transportation problem, which nowadays has an "easy" solution by means of many efficient algorithms.
Although the applications are not just limited to transportation itself what’s leading me to write about it it’s actually "transportation".
The Transportation Problem (as in PROBLEM!):
What’s up when from city A to city B you have 20 miles but from city B to city A you have 21?, or, what happens if when you’re coming back there’s a traffic jam or an accident?.
Surely it’s controlled in the first case, but would we making any gain introducing probabilistic transportation costs into the model or we would just be over the top adding up excesive computational costs vs. little benefits???.
I’ve just been listening to “In a Gadda da Vida” from “Iron Butterfly”, you know, the guys from the sixties that performed one of those wonderful more-than-seventeen-minutes song (yeah you’ll know!).
Well, when I was near to the end I decided to write this post. I remembered some articles I read time ago in the press, browsed INFORMS pages and… ta, tah…
2004 Presidential Early Career Award for Scientists and Engineers
…operations researchers that mixed (as good DJ’s) music and OR (normally both are lifestyles!).
Professional & Academic Contacts please link to LinkedIn.
Ta!
