Rationing, queues, and black markets

Article Abstract:

A study was conducted to examine rationing and queueing mechanisms under general equilibrium conditions. The study assumes that consumer demand is conditioned by gross substitutability and normality factors. Results show that low income earners lose when a market system transfer from rationing to queues is in process. Black markets further worsen losing conditions for these people, while high income earners gain.

Research, Queuing theory, Black market, Rationing

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Out of the shadows -- MRI and the Nobel Prize

Article Abstract:

The development of magnetic resonance imaging (MRI) is reviewed, beginning in 1973. Two of the scientists who initially developed MRI received the 2003 Nobel Prize for Physiology or Medicine. MRI uses radiofrequency energy and a magnetic field to image internal organs and tissues.

History, Magnetic resonance imaging

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Popping over the top

Article Abstract:

Recipes for several types of popovers are presented.

Recipes and menus, Batters (Food)

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