User Stan Shunpike

2 votes

0 answers

64 views

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

asked May 11, 2015 at 6:28

4 votes

2 answers

650 views

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

asked May 10, 2015 at 18:15

5 votes

1 answer

242 views

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

asked May 8, 2015 at 1:15

16 votes

1 answer

13k views

How does one derive the elasticity of substitution?

asked May 6, 2015 at 3:14

7 votes

2 answers

12k views

What is an example application of a quasilinear utility function?

asked May 3, 2015 at 5:24

4 votes

1 answer

186 views

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

asked May 1, 2015 at 20:59

3 votes

2 answers

635 views

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

asked Apr 29, 2015 at 4:24

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?

asked Apr 29, 2015 at 2:26

8 votes

3 answers

7k views

Why does Slutsky compensation "overcompensate" the consumer?

asked Apr 28, 2015 at 4:12

13 votes

2 answers

12k views

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

asked Apr 27, 2015 at 13:59

2 votes

2 answers

12k views

Are Cobb Douglas goods complements or substitutes?

asked Apr 27, 2015 at 7:09

1 vote

1 answer

2k views

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

asked Apr 26, 2015 at 19:28

2 votes

1 answer

504 views

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

asked Apr 22, 2015 at 23:25

3 votes

2 answers

5k views

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

asked Apr 20, 2015 at 2:40

0 votes

1 answer

89 views

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

asked Apr 19, 2015 at 1:33

2 votes

2 answers

5k views

Why do we need both the UMP and the EMP?

asked Apr 19, 2015 at 0:35

4 votes

2 answers

4k views

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

asked Apr 13, 2015 at 3:46

1 vote

1 answer

52 views

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

asked Apr 10, 2015 at 5:30

2 votes

2 answers

692 views

Is Marginal Rate of Substitution a multivariable function?

asked Apr 10, 2015 at 1:45

8 votes

4 answers

6k views

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

asked Apr 9, 2015 at 23:53

2 votes

1 answer

3k views

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

asked Apr 8, 2015 at 2:05

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?

asked Apr 6, 2015 at 18:26

4 votes

3 answers

2k views

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

asked Apr 5, 2015 at 19:39

7 votes

1 answer

890 views

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

asked Apr 5, 2015 at 0:52

13 votes

4 answers

78k views

What is the definition of exogenous and endogenous preferences?

asked Apr 1, 2015 at 4:54

3 votes

2 answers

445 views

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

asked Feb 17, 2015 at 22:41

3 votes

1 answer

118 views

Help improving this definition of a "game"?

asked Feb 14, 2015 at 2:36

5 votes

1 answer

522 views

Converting word definitions of Pareto-Optimal into math symbols

asked Jan 21, 2015 at 21:40

25 votes

4 answers

138k views

What are FOCs and SOCs?

asked Jan 21, 2015 at 21:29

0 votes

1 answer

612 views

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

asked Jan 19, 2015 at 22:49

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69 Questions

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

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

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

How does one derive the elasticity of substitution?

What is an example application of a quasilinear utility function?

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

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

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

Why does Slutsky compensation "overcompensate" the consumer?

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

Are Cobb Douglas goods complements or substitutes?

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

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

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

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

Why do we need both the UMP and the EMP?

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

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

Is Marginal Rate of Substitution a multivariable function?

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

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

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

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

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

What is the definition of exogenous and endogenous preferences?

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

Help improving this definition of a "game"?

Converting word definitions of Pareto-Optimal into math symbols

What are FOCs and SOCs?

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