Words similar to cmp
Example sentences for: cmp
How can you use “cmp” in a sentence? Here are some example sentences to help you improve your vocabulary:
Recently, three economists named Harold Cole, George Mailath, and Andrew Postlewaite (for whom I will use the collective abbreviation CMP) have proposed a compromise between the two theories: On the one hand, people do not care directly about their relative positions in the wealth distribution.
But the CMP research demonstrates something genuinely new: that cultural norms can be extremely important even if we accept all the standard simplifying assumptions that economists like to make about human behavior.
The CMP theory sounds very simple, but it has some remarkable implications.
CMP have demonstrated that to succeed, such social rebels would have to achieve impossibly high savings rates--so the aristocracy endures.
So the CMP theory suggests that income inequality should grow over time.