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 515
... expected utility for different distributions of p . Based on these criticisms , Hartman presents an alternative proof to show a decrease in the expected social welfare when the distribution of p undergoes a mean - preserving spread ...
... expected utility for different distributions of p . Based on these criticisms , Hartman presents an alternative proof to show a decrease in the expected social welfare when the distribution of p undergoes a mean - preserving spread ...
Página 522
... expected level of government revenue " ( p . 979 ) . In arriving at this conclusion , the authors use some ... expected revenue to be raised is small . Let p be the expected foreign price and Op , and be oy the standard deviations of p ...
... expected level of government revenue " ( p . 979 ) . In arriving at this conclusion , the authors use some ... expected revenue to be raised is small . Let p be the expected foreign price and Op , and be oy the standard deviations of p ...
Página 528
... ( expected utility of ) profit maximization and cost minimization holds . I show this in the two - input case . But it is generalizable to the case of any number of inputs for a quantity - price - setting firm as well as for a quantity ...
... ( expected utility of ) profit maximization and cost minimization holds . I show this in the two - input case . But it is generalizable to the case of any number of inputs for a quantity - price - setting firm as well as for a quantity ...
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Palavras e frases frequentes
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