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A New Expenditure Function, Robert D. Cooter
A New Expenditure Function, Robert D. Cooter
Robert Cooter
The usual expenditure function exploits the duality of expenditure and direct utility: a new expenditure function is proposed which exploits the duality of expenditure and indirect utility The derivative of the new expenditure function is the inverse demand or willingness-to-pay. The new expenditure function offers the easiest way to value quantity changes.
A Closed Model Of Careers In A Simple Hierarchy, Robert D. Cooter, Rodrigo Restrepo
A Closed Model Of Careers In A Simple Hierarchy, Robert D. Cooter, Rodrigo Restrepo
Robert Cooter
No abstract provided.