W.M. Gorman
   HOME
*





W.M. Gorman
William Moore "Terence" Gorman (17 June 1923 – 12 January 2003) was an Irish economist and academic. He was predominantly a theorist and is most famous for his work on aggregation and separability of goods, and in this context he developed his famous Gorman polar form. Gorman's career saw him teach at University of Birmingham, Oxford, and the London School of Economics. He was honoured with the Presidency of the Econometric Society in 1972. His work was often highly technical and theoretical in nature, which made him incomprehensible to many of his contemporaries, but his keen eye for applications has given his work a lasting influence on modern economics. Early life Gorman was born in Kesh in County Fermanagh, Northern Ireland, on 17 June 1923. He spent his early childhood in Lusaka, Rhodesia, where his African nanny called him Terence, saying that William was not a proper Irish name; he was subsequently known as Terence, or 'Terry', throughout his life. After his father ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Kesh, County Fermanagh
Kesh () is a village in County Fermanagh, Northern Ireland. It is on the Kesh River about from Lower Lough Erne. The 2011 Census recorded a population of 1,039 people. This article contains quotations from this source, which is available under th Open Government Licence v3.0 © Crown copyright. It is within Fermanagh and Omagh district. Because of its location close to Lough Erne the village has been a popular tourist resort. It has two caravan parks, a small attractive marina and other related industries both within its boundaries and the surrounding area. It is about from the border with the Republic of Ireland and from the Atlantic coast resort of Rossnowlagh in County Donegal, thus adding to its popularity with holiday makers, day-trippers and weekenders. History Name The toponym Kesh comes from ''ceis'', the Irish word for 'wicker bridge', which refers to the crossing in the middle of the village. The village is not built around a parish church or chapel. Two Church o ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Aggregation Problem
An ''aggregate'' in economics is a summary measure. It replaces a vector that is composed of many real numbers by a single real number, or a scalar. Consequently there occur various problems that are inherent in the formulations that use aggregated variables.Franklin M. Fisher (1987). "aggregation problem," '' The New Palgrave: A Dictionary of Economics'', v. 1, pp.53-55 The aggregation problem is the difficult problem of finding a valid way to treat an empirical or theoretical aggregate as if it reacted like a less-aggregated measure, say, about behavior of an individual agent as described in general microeconomic theory. The second meaning of "aggregation problem" is the theoretical difficulty in using and treating laws and theorems that include aggregate variables. A typical example is the aggregate production function. Another famous problem is Sonnenschein-Mantel-Debreu theorem. Most of macroeconomic statements comprise this problem. Examples of aggregates in micro- and ma ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Petty Officer
A petty officer (PO) is a non-commissioned officer in many navies and is given the NATO rank denotation OR-5 or OR-6. In many nations, they are typically equal to a sergeant in comparison to other military branches. Often they may be superior to a seaman, and subordinate to more senior non-commissioned officers, such as a chief petty officers. Petty officers are usually sailors that have served at least several years in their respective navies. Petty officers represent the junior and mid-grade non-commissioned officer ranks of many naval services, and are generally responsible for the day-to-day supervision of ranks junior to them. They may also serve as technical specialists within their rating (military occupation). Origin The modern petty officer dates back to the Age of Sail in the Royal Navy. Petty officers rank between naval officers (both commissioned and warrant) and most enlisted sailors. These were men with some claim to officer rank, sufficient to distinguish t ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Royal Navy
The Royal Navy (RN) is the United Kingdom's naval warfare force. Although warships were used by English and Scottish kings from the early medieval period, the first major maritime engagements were fought in the Hundred Years' War against France. The modern Royal Navy traces its origins to the early 16th century; the oldest of the UK's armed services, it is consequently known as the Senior Service. From the middle decades of the 17th century, and through the 18th century, the Royal Navy vied with the Dutch Navy and later with the French Navy for maritime supremacy. From the mid 18th century, it was the world's most powerful navy until the Second World War. The Royal Navy played a key part in establishing and defending the British Empire, and four Imperial fortress colonies and a string of imperial bases and coaling stations secured the Royal Navy's ability to assert naval superiority globally. Owing to this historical prominence, it is common, even among non-Britons, to ref ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Derry
Derry, officially Londonderry (), is the second-largest city in Northern Ireland and the fifth-largest city on the island of Ireland. The name ''Derry'' is an anglicisation of the Old Irish name (modern Irish: ) meaning 'oak grove'. The old walled city lies on the west bank of the River Foyle, which is spanned by two road bridges and one footbridge. The city now covers both banks (Cityside on the west and Waterside on the east). The population of the city was 83,652 at the 2001 Census, while the Derry Urban Area had a population of 90,736. The district administered by Derry City and Strabane District Council contains both Londonderry Port and City of Derry Airport. Derry is close to the border with County Donegal, with which it has had a close link for many centuries. The person traditionally seen as the founder of the original Derry is Saint , a holy man from , the old name for almost all of modern County Donegal, of which the west bank of the Foyle was a part before 1 ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


Foyle College
Foyle College is a co-educational non-denominational voluntary grammar school in Derry, Northern Ireland. The school's legal name is Foyle and Londonderry College. In 1976, two local schools, Foyle College and Londonderry High School, merged under the Foyle and Londonderry College Act 1976 to form Foyle and Londonderry College. In 2011, the Board of Governors re-branded the school as 'Foyle College' and updated the school's crest. History Foyle College and Londonderry High School have been providing education for young people in the Derry area and further afield for more than 400 years. In October 2007, the school celebrated its 390th anniversary with a plaque commemorating headmasters of the school since 1617. The school then celebrated their 400th anniversary, in 2017, with a service in St Columb's Cathedral on the official anniversary date of 3 March. a commemorative concert in Derry's Guildhall was held, a special dinner also took place. A proposed plaque is to be unveiled ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Rathgar
Rathgar (), is a suburb of Dublin in Ireland. It was originally a village which from 1862 was part of the township of Rathmines and Rathgar; it was absorbed by the growing city and became a suburb in 1930. It lies about three kilometres south of the city centre. Location Rathgar is situated in the southside of Dublin. It lies beside Dartry, Harold's Cross, Rathmines, and Terenure. Other nearby suburbs are Crumlin, Kimmage, Milltown, Ranelagh, and Rathfarnham. The Grand Canal flows to the north. The majority of the area lies within the jurisdiction of Dublin City Council and straddles the postal boundary of Dublin 6. Rathgar is in the Dáil Éireann constituency of Dublin Bay South. History Rathgar, in the Middle Ages, was a farm belonging to the Convent of St Mary de Hogges, at present-day College Green. At the Dissolution of the Monasteries, Rathgar was granted to the Segrave family: they built Rathgar Castle, ownership of which subsequently passed to John Cusacke, who w ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Lusaka
Lusaka (; ) is the Capital city, capital and largest city of Zambia. It is one of the fastest-developing cities in southern Africa. Lusaka is in the southern part of the central plateau at an elevation of about . , the city's population was about 3.3 million, while the urban population is estimated at 2.5 million in 2018. Lusaka is the centre of both commerce and government in Zambia and connects to the country's four main highways heading Great North Road, Zambia, north, Livingstone Road, south, Great East Road, east and Great West Road, Zambia, west. English is the official language of the city administration, while Bemba language, Bemba, Tonga language (Zambia and Zimbabwe), Tonga, Lenje, Soli language, Soli, Lozi language, Lozi and Nyanja are the commonly spoken street languages. The earliest evidence of settlement in the area dates to the 6th century AD, with the first known settlement in the 11th century. It was then home to the Lenje people, Lenje and Soli language, Soli ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

County Fermanagh
County Fermanagh ( ; ) is one of the thirty-two counties of Ireland, one of the nine counties of Ulster and one of the six counties of Northern Ireland. The county covers an area of 1,691 km2 (653 sq mi) and has a population of 61,805 as of 2011. Enniskillen is the county town and largest in both size and population. Fermanagh is one of four counties of Northern Ireland to have a majority of its population from a Catholic background, according to the 2011 census. Geography Fermanagh is situated in the southwest corner of Northern Ireland. It spans an area of 1,851 km2 (715 sq; mi), accounting for 13.2% of the landmass of Northern Ireland. Nearly a third of the county is covered by lakes and waterways, including Upper and Lower Lough Erne and the River Erne. Forests cover 14% of the landmass (42,000 hectares). It is the only county in Northern Ireland that does not border Lough Neagh. The county has three prominent upland areas: * the expansive We ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]  


picture info

Technology
Technology is the application of knowledge to reach practical goals in a specifiable and reproducible way. The word ''technology'' may also mean the product of such an endeavor. The use of technology is widely prevalent in medicine, science, industry, communication, transportation, and daily life. Technologies include physical objects like utensils or machines and intangible tools such as software. Many technological advancements have led to societal changes. The earliest known technology is the stone tool, used in the prehistoric era, followed by fire use, which contributed to the growth of the human brain and the development of language in the Ice Age. The invention of the wheel in the Bronze Age enabled wider travel and the creation of more complex machines. Recent technological developments, including the printing press, the telephone, and the Internet have lowered communication barriers and ushered in the knowledge economy. While technology contributes to econom ...
[...More Info...]      
[...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]