It has been widely known that neoclassical growth models with su¢cient increasing returns in production may feature indeterminacy. This note shows that investment adjustment costs increase the required degree of increasing returns for indeterminacy to arise. Under empirically plausible levels of investment adjustment costs, we need implausibly large degree of increasing returns to generate inde...

Let a sentence be second-level indeterminate just in case it has different truth-values under different acceptable assignments of semantic values, and let a sentence be first-level indeterminate just in case there are acceptable assignments under which the sentence lacks a classical, determinate truth-value. Many theorists of vagueness take for granted that the indeterminacy with which vaguenes...

Maintenance of indeterminacy is fundamental to the generation of plant architecture and a central component of the plant life strategy. Indeterminacy in plants is a characteristic of shoot and root meristems, which must balance maintenance of indeterminacy with organogenesis. The Petunia hybrida HAIRY MERISTEM (HAM) gene, a member of the GRAS family of transcriptional regulators, promotes shoot...

I analyze two connections between neoclassical and classical economics. First, I consider the indeterminacy that arises for both schools: in the neoclassical theories of overlapping generations and of factor pricing and in Sraffa’s price theory. Neoclassical indeterminacy occurs only in environments where relative prices can change through time; otherwise, determinacy obtains. Although these re...

Double Refined IndeterminacyNeutrosophic Set (DRINS) is an inclusive case of the refined neutrosophic set, defined by Smarandache [1], which provides the additional possibility to represent with sensitivity and accuracy the uncertain, imprecise, incomplete, and inconsistent information which are available in real world. More precision is provided in handling indeterminacy; by classifying indete...

BACKGROUND The gene regulatory circuit motif in which two opposing fate-determining transcription factors inhibit each other but activate themselves has been used in mathematical models of binary cell fate decisions in multipotent stem or progenitor cells. This simple circuit can generate multistability and explains the symmetric "poised" precursor state in which both factors are present in the...

We consider a discrete-time two-sector CES economy with sector specific external effects and partial depreciation of capital. We show that the occurrence of local indeterminacy of equilibria depends on an interplay between factor substitutability and capital depreciation. When the elasticity of substitution is less than one, local indeterminacy may occur with low depreciation of capital. When t...

1. Referential indeterminacy (for instance, indeterminacy as to what a singular term stands for or what a general term has as its extension) is a widespread phenomenon. Ordinary vagueness is a special case of indeterminacy: for instance, it is indeterminate whether the word ‘rich’ has in its extension certain moderately rich people, and it is indeterminate precisely which atoms are parts of the...