320

PONTIFICIAE ACADEMIAE SCIENTIARVM SCRIPTA VARIA - 28

5.

— THE EXPONENTIAL MODEL AND
OBSERVED DATA

ESTIMATION OF THE PARAMETERS OF THE EXPONENTIAL
MODEL

320. The exponential model contains only two parameters,
k and O,.
The estimate of the value of % is derived in the same way
as in the general model.

Estimation of ©,

321. We have found the relation

321-1)

ef
I—7 Ÿ

with y=C/R (}).
Thus ©, depends only in y and 7 and this relation holds
whatever the value of p.
Methods of estimating y and ¢ are given in my Tokyo
monograph and in mv New York lecture (2) (3).

Relation (251-13).
ALLAIS, 1960 A, § 42.
ALLAIS. 1062 Â, DD. 714-715

ir]

Allais - pag. 124