Comparative Statics, tracking an optimal or equilibrium value as an exogenous variable changes, ceteris paribus, is the heart of economic analysis. By building models and analyzing the comparative ...
The material below and on this web site was originally created in 2000 and published in The Journal of Economic Education Volume 32, Number 4 / Fall 2001 Pages: 397 - 397. The web site was originally ...
The introduction of real-cash balances into the neoclassical model of the consumer wrecks havoc, in general, on the empirically observable refutable comparative statics properties of the model. We ...
This is a preview. Log in through your library . Abstract A number of recent works have addressed the problem of describing the allocation of resources in an economy where prices are fixed at a value ...
The authors, leading researchers in the fields of mathematical economics and methodology, present the first comprehensive synthesis of literature on qualitative and other nonparametric techniques, ...