This paper studies the equilibrium and welfare implications of quantitative trade models with sector-level external economies of scale (EES). While empirical evidence highlights the importance of EES, ...

Lucas Downey is the co-founder of MoneyFlows, and an Investopedia Academy instructor. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech and strategic finance in ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Charlene Rhinehart is a CPA , CFE, chair of ...

Abstract: This paper explores a novel class of event-triggered mechanisms for nonlinear systems utilizing output-feedback control. Initially, an output-feedback state observer is designed to estimate ...