The American Economic Review, Volume 70American Economic Association., 1980 Includes annual List of doctoral dissertations in political economy in progress in American universities and colleges; and the Hand book of the American Economic Association. |
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Página 662
... assumption of stationary return distributions does not imply stationary B. Since r ,,, being endogenous , is a function of the investors ' initial wealth , their risk aversion , the size of the market , and the lending - borrowing ...
... assumption of stationary return distributions does not imply stationary B. Since r ,,, being endogenous , is a function of the investors ' initial wealth , their risk aversion , the size of the market , and the lending - borrowing ...
Página 1047
... assumption about individual demand curves . We make the simplest assumption of an all or nothing demand , where q = 1 | if pd < Po 0 if pd > Po where q is quantity demanded , pd is delivered price , and po is maximum price . Consumers ...
... assumption about individual demand curves . We make the simplest assumption of an all or nothing demand , where q = 1 | if pd < Po 0 if pd > Po where q is quantity demanded , pd is delivered price , and po is maximum price . Consumers ...
Página 1099
... assumption is not the only crucial assumption in a model of spatial competition . The Löschian assumption produces results which violate the C - V characteristics , only when used with the assumption they made concerning individual ...
... assumption is not the only crucial assumption in a model of spatial competition . The Löschian assumption produces results which violate the C - V characteristics , only when used with the assumption they made concerning individual ...
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adjustment analysis applied assets assumed assumption average basic behavior capital consider constant consumer consumption cost countries defined demand determine discussion distribution domestic earnings Econ economic effect efficient equal equation equilibrium estimated example exchange rate existing expected experience Figure firm follows foreign function given growth hold implies important income increase individual industry inflation initial interest International investment issues labor less marginal mean measure ment Michigan monetary Note obtained optimal output percent period Ph.D planning positive possible preferences present problem production profits ratio reduces regulation relative respect risk saving share Social spells supply Table theory tion trade uncertainty unemployment United University utility utility function variable wage yields zero