# All Questions

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### How to measure changes in consumer surplus empirically?

I am familiar with various ways of measuring consumer surplus "on the blackboard" (Compensating Variation, Equivalent Variation and simply measuring from the ordinary demand curve). Im ...
1 vote
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### Stable Outcomes and Matching Models for the Labor Market

I am reading a paper that discusses mathcing of workers to firms in the labor market (see the excerpt below). Here an outcome $(\mu,\pi,w)$ consists of a matching function pairing workers to firms, a ...
1 vote
83 views

### y is weakly preferred over x if and only if x+y ≤ 4 defines a preference relation on {0,1,2,3} why is this incomplete?

y is weakly preferred over x if and only if x+y ≤ 4 defines a preference relation on {0,1,2,3}. True or False?. I can see why it's not transitive but I was told it was incomplete if we take 2 and 3. ...
143 views

### Are all allocations on UPF pareto optimal?

Are all allocations on UPF pareto optimal? Was studying this in context of Public and Private goods. If someone can help.
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### Microeconomics exercise on returns to scale

I have an exercise in microeconomics that exhibits the following function Y = L^(1/2) * (W^(1/2) + K^(1/2)) With L = labor, K = capital, W = water In a first question, we are asked to find what the ...
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### Help with a proof for an quite intuitive Utility optimization problem

Assume $U(x,y,a,c )= - c x + B(x,y,a)$, with $\frac{\partial B(x,y,a)}{\partial c }=0$, and with $a$ and $c\geq 0$ being parameters, and with $x$ and $y$ being variables. Further, $B(x,y,a)$ is ...
1 vote