Showing 1 - 7 of 7
Persistent link: https://www.econbiz.de/10005753393
Persistent link: https://www.econbiz.de/10001087309
Persistent link: https://www.econbiz.de/10001024763
Persistent link: https://www.econbiz.de/10002771114
Persistent link: https://www.econbiz.de/10003421729
Persistent link: https://www.econbiz.de/10003634612
Changes in total surplus and deadweight loss are traditional measures of economic welfare. We propose necessary and sufficient conditions for rationalizing consumer demand data with a quasilinear utility function. Under these conditions, consumer surplus is a valid measure of consumer welfare....
Persistent link: https://www.econbiz.de/10014065281