Theory and Measurement of Consumer Demand PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Theory and Measurement of Consumer Demand PDF full book. Access full book title Theory and Measurement of Consumer Demand by Henri Theil. Download full books in PDF and EPUB format.
Author: Henri Theil
Publisher:
ISBN: 9780444107817
Category : Consumers
Languages : en
Pages : 0
Get Book Here
Book Description
Author: Henri Theil
Publisher:
ISBN: 9780444107817
Category : Consumers
Languages : en
Pages : 0
Get Book Here
Book Description
Author: Richard Stone
Publisher: Cambridge University Press
ISBN: 0521225655
Category : Business & Economics
Languages : en
Pages : 0
Get Book Here
Book Description
The eleven papers in this volume show work in the theory and measurement of consumer behaviour. The eminent contributors offer papers ranging from theory to econometrics, from Engel curves to labour supply and fertility, and from consumer demand in England to consumer behaviour in the USSR.
Author: W. Erwin Diewert
Publisher: University of Chicago Press
ISBN: 0226148572
Category : Business & Economics
Languages : en
Pages : 531
Get Book Here
Book Description
Although inflation is much feared for its negative effects on the economy, how to measure it is a matter of considerable debate that has important implications for interest rates, monetary supply, and investment and spending decisions. Underlying many of these issues is the concept of the Cost-of-Living Index (COLI) and its controversial role as the methodological foundation for the Consumer Price Index (CPI). Price Index Concepts and Measurements brings together leading experts to address the many questions involved in conceptualizing and measuring inflation. They evaluate the accuracy of COLI, a Cost-of-Goods Index, and a variety of other methodological frameworks as the bases for consumer price construction.
Author: Henri Theil
Publisher:
ISBN:
Category : Consumption (Economics)
Languages : en
Pages : 0
Get Book Here
Book Description
Author: Ivan Moscati
Publisher:
ISBN: 0199372764
Category : Business & Economics
Languages : en
Pages : 345
Get Book Here
Book Description
Utility is a key concept in the economics of individual decision-making. However, utility is not measurable in a straightforward way. As a result, from the very beginning there has been debates about the meaning of utility as well as how to measure it. This book is an innovative investigation of how these arguments changed over time. Measuring Utility reconstructs economists' ideas and discussions about utility measurement from 1870 to 1985, as well as their attempts to measure utility empirically. The book brings into focus the interplay between the evolution of utility analysis, economists' ideas about utility measurement, and their conception of what measurement in general means. It also explores the relationships between the history of utility measurement in economics, the history of the measurement of sensations in psychology, and the history of measurement theory in general. Finally, the book discusses some methodological problems related to utility measurement, such as the epistemological status of the utility concept and its measures. The first part covers the period 1870-1910, and discusses the issue of utility measurement in the theories of Jevons, Menger, Walras and other early utility theorists. Part II deals with the emergence of the notions of ordinal and cardinal utility during the period 1900-1945, and discusses two early attempts to give an empirical content to the notion of utility. Part III focuses on the 1945-1955 debate on utility measurement that was originated by von Neumann and Morgenstern's expected utility theory (EUT). Part IV reconstructs the experimental attempts to measure the utility of money between 1950 and 1985 within the framework provided by EUT. This historical and epistemological overview provides keen insights into current debates about rational choice theory and behavioral economics in the theory of individual decision-making and the philosophy of economics.
Author: Angus Deaton
Publisher: Cambridge University Press
ISBN: 9780521296762
Category : Business & Economics
Languages : en
Pages : 468
Get Book Here
Book Description
For advanced courses in economic analysis, this book presents the economic theory of consumer behavior, focusing on the applications of the theory to welfare economies and econometric analysis.
Author: Christoph Breidert
Publisher: Springer Science & Business Media
ISBN: 3835092448
Category : Business & Economics
Languages : en
Pages : 148
Get Book Here
Book Description
With the Price Estimation scene (PE scene) Christoph Breidert introduces a new method to estimate willingness-to-pay. It works as an additional interview scene appended to conjoint analysis and offers the respondents a dynamically generated sequence of product choices with assigned prices. The customers indicate whether they would actually purchase the presented product profiles.
Author: Arthur Goldberger
Publisher: Routledge
ISBN: 0429713096
Category : Social Science
Languages : en
Pages : 135
Get Book Here
Book Description
This book presents a review of classical consumer demand theory, emphasizing the form of utility and demand functions. The theory is developed in general terms with reference to the linear expenditure system and with reference to alternative specifications of complete sets of demand functions.
Author: Michael Grossman
Publisher: Columbia University Press
ISBN: 0231544529
Category : Business & Economics
Languages : en
Pages : 153
Get Book Here
Book Description
A seminal work in health economics first published in 1972, Michael Grossman's The Demand for Health introduced a new theoretical model for determining the health status of the population. His work uniquely synthesized economic and public health knowledge and has catalyzed a vastly influential body of health economics literature. It is well past time to bring this important work back into print. Grossman bases his approach on Gary S. Becker's household production function model and his theory of investment in human capital. Consumers demand health, which can include illness-free days in a given year or life expectancy, and then produce it through the input of medical care services, diet, other market goods and services, and time. Grossman also treats health and knowledge as equal parts of the durable stock of human capital. Consumers therefore have an incentive to invest in health to increase their earnings in the future. From here, Grossman examines complementarities between health capital and other forms of human capital, the most important of which is knowledge capital earned through schooling and its effect on the efficiency of production. He concludes that the rate of return on investing in health by increasing education may exceed the rate of return on investing in health through greater medical care. Higher income may not lead to better health outcomes, as wealth enables the consumption of goods and services with adverse health effects. These are some of the major revelations of Grossman's model, findings that have great relevance as we struggle to understand the links between poverty, education, structural disadvantages, and health.
Author: Henry Schultz
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 876
Get Book Here
Book Description
