40 years ago, Singapore was confronted with severe unemployment, poor infrastructure, and a housing shortage. Today, the city-state has taken its place among the newly industrializing countries in ...

Discover what black box models are, their applications in finance and investing, and examples of how they drive decision-making without revealing internal processes.

George Eads, Marc Nerlove, William Raduchel, A Long-Run Cost Function for the Local Service Airline Industry: An Experiment in Non-Linear Estimation, The Review of Economics and Statistics, Vol. 51, ...