Louis Esch
LE
Signed articles
2 articles published in Tangente
Math for everyoneN°62Feb 15, 2017An introduction to econometrics
Economic models are only simplified representations of reality. Econometrics provides a set of tools for estimating the parameters of these models and testing their validity. The trouble is, the closer we want to get to reality, the more complex the model becomes…
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Math for everyoneN°62Feb 14, 2017What consumers prefer
How can we model the behavior of a particular consumer? Their tastes, needs and available budget all help shape their choice. The mathematical concepts of preference, indifference and utility should help us...
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