Piccione, Michele (contributor) - 2004 - [Elektronische Ressource]
Attacks
Itay Goldstein
Yossi Spiegel
26-2002 Alex Cukierman The Inflation Bias Revisited: Theory and Some … consumption effects but because they are costly.” He con-
sidersaconsumerwhoseutilityfunctionisof thetypeU(p
1
x
1
/p
n
,x
2
,x
3 …
,...x
n
),
where the first good is “diamonds” and the last good is the “numeraire”.
The maximization of this function given …