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Stan Shunpike's user avatar
Stan Shunpike's user avatar
Stan Shunpike's user avatar
Stan Shunpike
  • Member for 9 years, 8 months
  • Last seen more than 1 year ago
2 votes
0 answers
68 views

Are there any situations where the elasticity version of the Slutsky equation can only be used compared with the regular Slutsky equation?

4 votes
2 answers
700 views

Why does the definition of MRS follow from the implicit function theorem?

5 votes
1 answer
257 views

Why can't I use TMoLM for this bliss point problem?

16 votes
1 answer
13k views

How does one derive the elasticity of substitution?

7 votes
2 answers
13k views

What is an example application of a quasilinear utility function?

4 votes
1 answer
190 views

Why does $\varepsilon_{x,p_x}^H =-s_y \sigma $?

3 votes
2 answers
697 views

Does there always exist a consumption bundle at which the indirect utility function is the inverse of the expenditure function?

2 votes
2 answers
77 views

Does anyone know of any resources that discuss the differences between Hicksian and Marshallian remanding in depth and in an organized way?

8 votes
3 answers
7k views

Why does Slutsky compensation "overcompensate" the consumer?

13 votes
2 answers
13k views

What is a substitute/complement in terms of mixed partial derivatives?

2 votes
2 answers
13k views

Are Cobb Douglas goods complements or substitutes?

1 vote
1 answer
2k views

Confusion about the EMP approach to perfect complements. Solved UMP but struggling with EMP

2 votes
1 answer
531 views

Why isn't the Law of Demand true for Marshallian demand?

3 votes
2 answers
5k views

What is the difference between constant elasticity of substitution and elasticity of substitution?

0 votes
1 answer
100 views

Is the implicit function theorem needed to relate the EMP to UMP?

2 votes
2 answers
5k views

Why do we need both the UMP and the EMP?

4 votes
2 answers
4k views

Interpreting how graphs of Cobb-Douglas utility functions. How does MRS vary as we vary $\alpha$?

1 vote
1 answer
53 views

If strict preferences map onto $\Bbb{N}$ what do weak preferences map onto?

2 votes
2 answers
719 views

Is Marginal Rate of Substitution a multivariable function?

9 votes
4 answers
6k views

Can someone explain graphically why MRS is invariant under monotonic transformation?

2 votes
1 answer
3k views

How does one graph indifference curves for a set of Lexicographic preferences?

2 votes
1 answer
1k views

For a given set of consumption bundles, how do we know there are bundles that the consumer is indifferent between?

4 votes
3 answers
2k views

What properties must a utility function have such that we can define level sets and thus indifference curves?

7 votes
1 answer
935 views

Does a monotonic transformation of a homothetic utility function imply the preference relation on the set of consumption bundles is still homothetic?

13 votes
4 answers
78k views

What is the definition of exogenous and endogenous preferences?

3 votes
2 answers
474 views

Is it possible to have a signaling game in which all players are both informed (about themselves) and uniformed (about other players)?

3 votes
1 answer
157 views

Help improving this definition of a "game"?

5 votes
1 answer
569 views

Converting word definitions of Pareto-Optimal into math symbols

27 votes
4 answers
148k views

What are FOCs and SOCs?

0 votes
1 answer
616 views

How do you find marginal revenue if you don't have a production function?