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 604
... possible allocations between the stockholders and the employees would yield a straight - line tradeoff relation between the stock value and differential earning level . By considering all possible choices of p and g subject to the ...
... possible allocations between the stockholders and the employees would yield a straight - line tradeoff relation between the stock value and differential earning level . By considering all possible choices of p and g subject to the ...
Página 793
... possible to compare utility functions by employing the Weisbrod test , such comparisons may have a limited usefulness for policy decisions . Let X be the set of all possible choice alternatives under consideration . For a particular ...
... possible to compare utility functions by employing the Weisbrod test , such comparisons may have a limited usefulness for policy decisions . Let X be the set of all possible choice alternatives under consideration . For a particular ...
Página 909
... possible between the two parties , which may be quite unlikely , it can be argued that the bargaining solution will set variables at Pareto - efficient levels as in equation ( 6 ) . But there is still the problem of dividing up the ...
... possible between the two parties , which may be quite unlikely , it can be argued that the bargaining solution will set variables at Pareto - efficient levels as in equation ( 6 ) . But there is still the problem of dividing up the ...
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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