User Stan Shunpike

25 votes

4 answers

136k views

What are FOCs and SOCs?

asked Jan 21, 2015 at 21:29

16 votes

1 answer

13k views

How does one derive the elasticity of substitution?

asked May 6, 2015 at 3:14

13 votes

2 answers

12k views

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

asked Apr 27, 2015 at 13:59

13 votes

4 answers

78k views

What is the definition of exogenous and endogenous preferences?

asked Apr 1, 2015 at 4:54

10 votes

5 answers

14k views

Help understanding Lagrangian multipliers?

asked Jan 10, 2015 at 18:39

10 votes

5 answers

1k views

Are options a form of insurance?

asked Mar 23, 2016 at 2:26

9 votes

1 answer

18k views

Finding demand function given a utility min(x,y) function

asked Jan 11, 2015 at 7:17

8 votes

2 answers

42k views

How to derive firm's cost function from production function?

asked Jan 16, 2015 at 0:16

8 votes

3 answers

6k views

Why does Slutsky compensation "overcompensate" the consumer?

asked Apr 28, 2015 at 4:12

8 votes

4 answers

6k views

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

asked Apr 9, 2015 at 23:53

8 votes

1 answer

5k views

Do perfect complements have to be normal goods? If so, why?

asked May 11, 2015 at 20:49

7 votes

2 answers

11k views

What is an example application of a quasilinear utility function?

asked May 3, 2015 at 5:24

7 votes

2 answers

2k views

What is the purpose of the local non-satiation assumption in the first welfare theorem?

asked Oct 22, 2015 at 19:01

7 votes

1 answer

212 views

Is China at the golden savings rate s? If so, what is it?

asked Mar 16, 2016 at 4:33

7 votes

1 answer

873 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

6 votes

2 answers

820 views

Help with Income Elasticity Exercise in Becker's Economic Theory

asked Jan 12, 2015 at 22:17

6 votes

3 answers

370 views

Do claims in economics require proofs?

asked May 12, 2015 at 23:38

5 votes

2 answers

16k views

Why is the income effect zero for quasilinear utility functions?

asked Jun 2, 2015 at 22:53

5 votes

2 answers

895 views

Does a Robinson Crusoe economy have a substitution effect and an income effect?

asked Feb 7, 2016 at 20:48

5 votes

2 answers

17k views

Cobb-Douglas and Logarithm Utility Functions

asked Jan 14, 2015 at 0:14

5 votes

1 answer

108 views

Is there a go-to resources on the use of the scientific method in economics?

asked Jan 16, 2015 at 22:34

5 votes

1 answer

514 views

Converting word definitions of Pareto-Optimal into math symbols

asked Jan 21, 2015 at 21:40

5 votes

1 answer

235 views

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

asked May 8, 2015 at 1:15

4 votes

2 answers

638 views

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

asked May 10, 2015 at 18:15

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

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

4 votes

1 answer

3k views

What is the difference between Solow growth, classical growth, and neoclassical growth?

asked Apr 10, 2016 at 21:37

4 votes

1 answer

31 views

Is there a descriptive / axiomatic approach to barriers to entry? If so, who are the most prominent authors?

asked Dec 2, 2021 at 4:45

4 votes

1 answer

3k views

How does one calculate compensating variation for multiple price change?

asked May 20, 2015 at 8:04

4 votes

1 answer

184 views

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

asked May 1, 2015 at 20:59

Stack Exchange Network

69 Questions

What are FOCs and SOCs?

How does one derive the elasticity of substitution?

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

What is the definition of exogenous and endogenous preferences?

Help understanding Lagrangian multipliers?

Are options a form of insurance?

Finding demand function given a utility min(x,y) function

How to derive firm's cost function from production function?

Why does Slutsky compensation "overcompensate" the consumer?

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

Do perfect complements have to be normal goods? If so, why?

What is an example application of a quasilinear utility function?

What is the purpose of the local non-satiation assumption in the first welfare theorem?

Is China at the golden savings rate s? If so, what is it?

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

Help with Income Elasticity Exercise in Becker's Economic Theory

Do claims in economics require proofs?

Why is the income effect zero for quasilinear utility functions?

Does a Robinson Crusoe economy have a substitution effect and an income effect?

Cobb-Douglas and Logarithm Utility Functions

Is there a go-to resources on the use of the scientific method in economics?

Converting word definitions of Pareto-Optimal into math symbols

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

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

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

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

What is the difference between Solow growth, classical growth, and neoclassical growth?

Is there a descriptive / axiomatic approach to barriers to entry? If so, who are the most prominent authors?

How does one calculate compensating variation for multiple price change?

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