## 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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**production**set Y , but not the sets of the other firms ; the firms do not know the utility function of the plan- ning board nor the set X. If the planning board knew all the**production**sets Y1 , it could solve its planning problem ( 1 ) ...Página 759

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**production**sets : W1 [ Y1 , ... , YN ] = E , [ m ° ( Y1 , ... , YN ) ] The problem for each firm is thus the choice of a reported**production**set that maximizes the firm's payoff . If firm i knows only that the other firms are reporting ...Página 1045

mal input mix for the

mal input mix for the

**production**of a given rate of output , was on firm ground . When- ever the**production**function is homothetic , the choice of an optimal location can be treated independently of the choice of an optimal input mix ...### Outras edições - Ver tudo

### Palavras e frases frequentes

adjustment Amer AMERICAN ECONOMIC REVIEW analysis assets assumed assumption average behavior coefficient compensating variation consumer consumer's surplus consumption cost curve demand function downside risk Econ effect efficient elasticity equal equation equilibrium equity estimated exchange rate expected farms Figure firm foreign exchange foreign exchange market human capital implies income increase indifference curves industry inflation interest rate investment investors labor force LDCs marginal maximize measure ment mention THE AMERICAN monetary money illusion Nash equilibrium nomic optimal output P₁ paper Pareto optimal percent period Ph.D Phillips curve portfolio problem production profits rate of inflation ratio rational expectations regression regulation relative REVIEW When Writing risk aversion sector spells spot price subsidy Table tariff theory tion tive trade uncertainty unem unemployment University utility function variable wage Writing to Advertisers yields zero