# What is mean be "the indentification problem" in the context

Not what you're looking for?

What is mean be "the indentification problem" in the context of simultaneous equations economic models.

##### Purchase this Solution

##### Solution Summary

Identification problem in economic models comes into consideration when we have n variables and m equations. The solution describes various conditions.

##### Solution Preview

Identification problem in economic models comes into consideration when we have n variables and m equations.

Condition 1: If n > m then the model is under identified (defined). In this case we have no unique solution. We have infinite number of solutions. ...

##### Purchase this Solution

##### Free BrainMass Quizzes

##### Production and cost theory

Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.

##### Learning Lean

This quiz will help you understand the basic concepts of Lean.

##### SWOT

This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.

##### Understanding Management

This quiz will help you understand the dimensions of employee diversity as well as how to manage a culturally diverse workforce.

##### Six Sigma for Process Improvement

A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.