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. |
No interior do livro
Resultados 1-3 de 81
Página 403
... mean and variance of trade is zero . ( b ) As the precision of informed traders ' information n goes to infinity , the mean and variance of trade go to zero . PROOF : ( a ) From remark 1 ) in Section II , Part I , λ = 1 if c < ĉ , which ...
... mean and variance of trade is zero . ( b ) As the precision of informed traders ' information n goes to infinity , the mean and variance of trade go to zero . PROOF : ( a ) From remark 1 ) in Section II , Part I , λ = 1 if c < ĉ , which ...
Página 598
... MEAN BIDS AND MEAN PROVISION OF PUBLIC GOOD I w1 = 5 II w2-10 Parameter Class LE Bid 4 Mean Bid 2.85 2 3.46 Mean Provision w - y - Bo of Public Good 9.14 Note : See Table 1 . III w3 = 6 3 2.81 50-50 division of endowment between the ...
... MEAN BIDS AND MEAN PROVISION OF PUBLIC GOOD I w1 = 5 II w2-10 Parameter Class LE Bid 4 Mean Bid 2.85 2 3.46 Mean Provision w - y - Bo of Public Good 9.14 Note : See Table 1 . III w3 = 6 3 2.81 50-50 division of endowment between the ...
Página 923
... mean - preserving spread as any func- tion which , when added to a probability or density function , transfers weight from the center of the distribution to its tails without changing the mean . The analysis that fol- lows uses a ...
... mean - preserving spread as any func- tion which , when added to a probability or density function , transfers weight from the center of the distribution to its tails without changing the mean . The analysis that fol- lows uses a ...
Outras edições - Ver tudo
Palavras e frases frequentes
adjustment Amer analysis assets assumed assumption average behavior budget capital coefficient constant constraint consumer consumer's surplus consumption cost countries curve demand function differential distribution earnings Econ Economic effect efficient elasticity equal equation equilibrium estimates exchange rate expected utility Figure firm foreign exchange market given hypothesis implies income increase indifference curve indirect utility function individual industry inflation interest rate investment investor labor force lagged LDCs marginal marginal utility maximize measure ment monetary money illusion money supply Nash equilibrium nomic optimal output P₁ paper parameters percent period positive price level problem production profits quantity ratio rational expectations regression regulation relative risk aversion Section sector share spot price statistically substitution supply Table tariff Theory tion tive unemployment United University utility function variables wage welfare workers yields zero