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Techno-economic assessment. Techno-economic assessment or techno-economic analysis (abbreviated TEA) is a method of analyzing the economic performance of an industrial process, product, or service. It typically uses software modeling to estimate capital cost, operating cost, and revenue based on technical and financial input parameters. [1]
Circuit breaker is a design pattern used in software development. It is used to detect failures and encapsulates the logic of preventing a failure from constantly recurring, during maintenance, temporary external system failure or unexpected system difficulties. Circuit breaker pattern prevents cascading failures particularly in distributed ...
The Code-Breakers is a two-part (2x22') BBC World documentary on free open-source software (FOSS) and computer programming that started on BBC World TV on 10 May 2006. It investigates how poor countries are using FOSS applications for economic development , and includes stories and interviews from around the world.
Computational economics is an interdisciplinary research discipline that combines methods in computational science and economics to solve complex economic problems. [1] This subject encompasses computational modeling of economic systems. Some of these areas are unique, while others established areas of economics by allowing robust data ...
A distribution board (also known as panelboard, breaker panel, electric panel, fuse box or DB box) is a component of an electricity supply system that divides an electrical power feed into subsidiary circuits while providing a protective fuse or circuit breaker for each circuit in a common enclosure. Normally, a main switch, and in recent ...
Trading curb. A trading curb (also known as a circuit breaker [1] in Wall Street parlance) is a financial regulatory instrument that is in place to prevent stock market crashes from occurring, and is implemented by the relevant stock exchange organization. Since their inception, circuit breakers have been modified to prevent both speculative ...
v. t. e. An economic model is a theoretical construct representing economic processes by a set of variables and a set of logical and/or quantitative relationships between them. The economic model is a simplified, often mathematical, framework designed to illustrate complex processes. Frequently, economic models posit structural parameters. [1]
The platform economy is economic and social activity facilitated by platforms, typically online sales or technology frameworks. Platform businesses control an increasing share of the world's economy and sometimes disrupt traditional businesses. The most common type of platform economy centres around transaction platforms, also known as digital ...