[150] in Professors_Quote_Board

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mar@ATHENA.MIT.EDU (mar@ATHENA.MIT.EDU)
Thu Nov 10 15:31:48 1988

    "...
				1
     -------------------------------------------------------
	X       1                      1
     C e  - Y - - - ----------------------------------------
		Y      2 X       1              1
		    C e    - Y - - - -----------------------
				 Y      3 X       1     1
				     C e    - Y - - - ------
						  Y    . . .


					 (N + 1) X
		       N               - ---------
	       ====  /===\                   2
	       \      ! !             e
		>     ! !  --------------------------------
	       /      ! !        - K X      - K X        X
	       ====  K = 1 (1 - e     ) Y (e      Y - C e )
	       N>=0
      =    ---------------------------------------------------- .
					      (N + 1) X
			      N             - ---------
		      ====  /===\                 2
	       X      \      ! !           e
	   (C e  - Y)  >     ! !  -----------------------------
		      /      ! !        - K X      - K X
		      ====  K = 1 (1 - e     ) Y (e      Y - C)
		      N>=0

    Notice the nonobvious insensitivity of the rhs to reciprocating Y."


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