The American Economic Review, Volume 70,Edições 3-5American 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 452
... defined over price changes . In this case and returning to Figure 1 , the price lines become meaningless . WTPE is EG which is equal to YY , and WTAC is BA , which is equal to YY , and larger in absolute value than WTPE . Note that this ...
... defined over price changes . In this case and returning to Figure 1 , the price lines become meaningless . WTPE is EG which is equal to YY , and WTAC is BA , which is equal to YY , and larger in absolute value than WTPE . Note that this ...
Página 820
... defined by ( 3 ) deals only with lunatics who say they feel better ( or worse ) when the full moon comes out , but do not behave any differently . Thus it allows only a spurious generality . Along the same lines , we might suppose that ...
... defined by ( 3 ) deals only with lunatics who say they feel better ( or worse ) when the full moon comes out , but do not behave any differently . Thus it allows only a spurious generality . Along the same lines , we might suppose that ...
Página 935
... definition of consumer's surplus . This is best analyzed by means of the Hurwicz and Uzawa income - compensation function , defined by 3 ( 10 ) μ ( p ; p ° , mo ) = min { m > 0 : ( p , m ) R * ( p ° , m ° ) } It has the following ...
... definition of consumer's surplus . This is best analyzed by means of the Hurwicz and Uzawa income - compensation function , defined by 3 ( 10 ) μ ( p ; p ° , mo ) = min { m > 0 : ( p , m ) R * ( p ° , m ° ) } It has the following ...
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adjustment analysis assets assumed assumption average behavior capital coefficient consider constant consumer consumption cost countries curve defined demand depends derived determined developed discussion distribution earnings Econ Economic effect efficient equal equation equilibrium estimates example exchange exist expected Figure firm follows foreign function given growth hold implies important income increase individual industry inflation initial interest International investment labor less marginal maximize mean measure ment monetary Note observed obtained optimal output percent period positive possible preferences present problem production profits quantity ratio reduced regulation relative respect risk saving share social substitution supply Table Theory tion trade unemployment United University utility utility function variables wage welfare workers yields zero