the substitution and the revenue effects for a cobb-douglas utility function

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ID: 193482
2010
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Abstract
In the consumer’s theory, a crucial problem is to determine the substitution effect and the revenue effect in the case of one good price’s modifing. There exists two theories due to John Richard Hicks and Eugen Slutsky which allocates differents shares of the total change of the consumption to these effects. The paper makes an analysis between the two effects, considering the general case of a Cobb-Douglas utility function and introduces three indicators which will characterize these shares.
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ioan2010annalsthe Use this key to autocite in the manuscript while using SciMatic Manuscript Manager or Thesis Manager
Authors ;Catalin Angelo IOAN;Gina IOAN
Journal value in health regional issues
Year 2010
DOI
DOI not found
URL
http://www.ann.ugal.ro/eco/Doc2010_2/Ioan_Ioan.pdf
Keywords
public administration revenue substitution computer scienceeconomic theory demographyeconomics as a science new public managementbusinessfinance

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