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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, 5 months
  • Last seen more than 1 year ago
25 votes
4 answers
147k views

What are FOCs and SOCs?

16 votes
1 answer
13k views

How does one derive the elasticity of substitution?

13 votes
2 answers
13k views

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

13 votes
4 answers
78k views

What is the definition of exogenous and endogenous preferences?

10 votes
5 answers
15k views

Help understanding Lagrangian multipliers?

10 votes
5 answers
2k views

Are options a form of insurance?

9 votes
1 answer
20k views

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

8 votes
2 answers
44k views

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

8 votes
3 answers
7k views

Why does Slutsky compensation "overcompensate" the consumer?

8 votes
4 answers
6k views

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

8 votes
1 answer
5k views

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

7 votes
2 answers
13k views

What is an example application of a quasilinear utility function?

7 votes
2 answers
2k views

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

7 votes
1 answer
238 views

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

7 votes
1 answer
929 views

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

6 votes
2 answers
964 views

Help with Income Elasticity Exercise in Becker's Economic Theory

6 votes
3 answers
389 views

Do claims in economics require proofs?

5 votes
2 answers
17k views

Why is the income effect zero for quasilinear utility functions?

5 votes
2 answers
949 views

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

5 votes
2 answers
18k views

Cobb-Douglas and Logarithm Utility Functions

5 votes
1 answer
112 views

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

5 votes
1 answer
544 views

Converting word definitions of Pareto-Optimal into math symbols

5 votes
1 answer
255 views

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

4 votes
2 answers
694 views

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

4 votes
2 answers
4k views

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

4 votes
3 answers
2k views

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

4 votes
1 answer
4k views

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

4 votes
1 answer
31 views

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

4 votes
1 answer
3k views

How does one calculate compensating variation for multiple price change?

4 votes
1 answer
190 views

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