Banister 发表于 2025-3-23 12:47:01
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The Assumption of No Income Effect and Quasi-linear Preferences,In the previous chapter, we saw various restrictions on preferences under which income evaluation of economic change provides welfare judgments which are consistent with individual utility maximization and maximization of individualistic social welfare functions.伤心 发表于 2025-3-24 02:01:15
Is the Approximation Error Large or Small?,In order that maximization of consumer surplus is consistent with individual preference maximization, the assumption of no income effect is required. Since this assumption cannot be met in an exact way, it is natural to ask how large is the error in estimating welfare because of that.绑架 发表于 2025-3-24 04:14:51
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978-3-319-85975-0The Editor(s) (if applicable) and The Author(s) 2017thwart 发表于 2025-3-24 19:13:35
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