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PRICE ELASTICITY OF DEMAND AND DISPOSABLE INCOME

机译:需求和可支配收入的价格弹性

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摘要

Elasticity of demand is a concept that is widely understood because it is systematically taught in introductory economics courses. In view of the discord between the implications of the usual formula and the behavior that it measures, however, perhaps it is time for a reappraisal. This article presents further development of the new approach to this issue that was described in the author's recent paper in Kyklos.
机译:需求弹性是一个广泛理解的概念,因为它是在经济学入门课程中系统地教授的。鉴于通常公式的含义与它所度量的行为之间存在矛盾,也许是时候重新评估了。本文介绍了针对此问题的新方法的进一步发展,作者在Kyklos的最新论文中对此进行了描述。

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