Open Access. Powered by Scholars. Published by Universities.®
- Institution
- Keyword
- Publication Type
Articles 1 - 2 of 2
Full-Text Articles in Education
Teaching Hausman And Willig Using Mathematica, Matt Bogard
Teaching Hausman And Willig Using Mathematica, Matt Bogard
Library Presentations, Lectures, Research Guides
Analyzing consumer welfare from observable data, or empirical demand functions has been a very controversial issue in economics. One metric often used is deadweight loss from a tax or price increase. A classic debate in economic history regarding the appropriate methodology for measuring deadweight loss involves two papers published in the American Economic Review by Jerry Hausman and Robert Willig. In ‘Consumer’s Surplus Without Apology’ Willig contends that the error in approximating deadweight loss using the observable Marshallian demand curve is small for small price changes and an acceptable practice. Hausman argues in ‘Exact Consumer’s Surplus and Deadweight Loss’ that …
The Massillon Academic Success Project: An Investigation Of How Disadvantaged African American Students Can Rise Above Barriers To Academic Achievement, Oscar T. Mcknight
The Massillon Academic Success Project: An Investigation Of How Disadvantaged African American Students Can Rise Above Barriers To Academic Achievement, Oscar T. Mcknight
Oscar T McKnight Ph.D.
No abstract provided.