354 PONTIFICIAE ACADEMIAE SCIENTIARVM SCRIPTA VARIA - 28
Chart IV represents the variation of À with n for different
values of w. The reader is reminded at this point that it follows
from the discussion in § 336 that amortization will be more
or less rapid than in the exponential model according as A is
less than or greater than unity.
Thus we see that over a wide range of variation of w, the
properties of the model considered are near those of the exp-
rnenhal model.
Analogous calculations could of course be undertaken for
the general case discussed in § 510. They would show that in
the majority of cases which can reasonably be envisaged, the
value of A remains fairly near unity.
Determination of w
533. In any case, it should be clearly understood that when
the value of Yc is given. the range of variation of u=T1/T is
limited.
For we have (!)
I I—U> w
_ Tos ms ts --- ss ue
(533-1) Yo (i—p) I+Ti7 0) 1+T(i-p)]
To simplify the discussion, take
533-2)
1 -0=0
which can be considered as a valid first approximation since
1 —p ts small. Then
555-3)
Yolt -0)= ©,
(1) Relation (526-11).
ir] Allais - pag. 258