Tuesday, June 05, 2007
One last post
...and then I'm off to BWI. Tom recently introduced me to the concept of "Pareto Efficiency" which I do not yet understand but I gather has something to do with economic equlibria. Anyway it has made me wonder to myself if some clever mathematicians can link the math of Pareto Efficiancy to the math I normally use when considering equilibria, namely, the Michaelis-Menten equation. I expect there is little or no relationship at all, but still I'd like ot understand the Pareto end well enough to compare it and say why or why not. A little porject for when I get back maybe.
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