25,699 research outputs found

    Strict General Setting for Building Decision Procedures into Theorem Provers

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    The efficient and flexible incorporating of decision procedures into theorem provers is very important for their successful use. There are several approaches for combining and augmenting of decision procedures; some of them support handling uninterpreted functions, congruence closure, lemma invoking etc. In this paper we present a variant of one general setting for building decision procedures into theorem provers (gs framework [18]). That setting is based on macro inference rules motivated by techniques used in different approaches. The general setting enables a simple describing of different combination/augmentation schemes. In this paper, we further develop and extend this setting by an imposed ordering on the macro inference rules. That ordering leads to a ”strict setting”. It makes implementing and using variants of well-known or new schemes within this framework a very easy task even for a non-expert user. Also, this setting enables easy comparison of different combination/augmentation schemes and combination of their ideas

    The Direction of Technical Change in Capital-Resource Economies

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    We analyze a multi-sector growth model with directed technical change where man-made capital and exhaustible resources are essen- tial for production. The relative profitability of factor-specific inno- vations endogenously determines whether technical progress will be capital- or resource-augmenting. We show that convergence to bal- anced growth implies zero capital-augmenting innovations: in the long run, the economy exhibits purely resource-augmenting technical change. This result provides sound microfoundations for the broad class of models of exogenous/endogenous growth where resource-aug- menting progress is required to sustain consumption in the long run, contradicting the view that these models are conceptually biased in favor of sustainability.Endogenous Growth, Directed Technical Change, Exhaustible Resources, Sustainability

    The Direction of Technical Change in Capital-Resource Economies

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    We analyze a multi-sector growth model with directed technical change where man-made capital and exhaustible resources are essential for production. The relative profitability of factor-specific innovations endogenously determines whether technical progress will be capital- or resource-augmenting. We show that convergence to balanced growth implies zero capital-augmenting innovations: in the long run, the economy exhibits purely resource-augmenting technical change. This result provides sound microfoundations for the broad class of models of exogenous/endogenous growth where resource-augmenting progress is required to sustain consumption in the long run, contradicting the view that these models are conceptually biased in favor of sustainability.Endogenous Growth; Directed Technical Change; Exhaustible Resources; Sustainability
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