Foundations of Economic AnalysisRecent statistical techniques, including nonlinear programming, have been added to a basic survey of equilibrium systems, comparative statistics, consumer behavior theory, and cost and production theory. |
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Page 261
... initial conditions all the variables approach their equilibrium values in the limit as time becomes infinite ; i.e. , if lim x ( t ) = xio , 00 + -1 ( 10 ) regardless of the initial conditions . Alternatively , it is sometimes stated ...
... initial conditions all the variables approach their equilibrium values in the limit as time becomes infinite ; i.e. , if lim x ( t ) = xio , 00 + -1 ( 10 ) regardless of the initial conditions . Alternatively , it is sometimes stated ...
Page 385
... conditions are truly initial conditions sufficient to start the system off , after which it determines its own behavior at each step . This means that the implicit equations of ( 7 ) can be solved explicitly for values of y ; ( t + n ) ...
... conditions are truly initial conditions sufficient to start the system off , after which it determines its own behavior at each step . This means that the implicit equations of ( 7 ) can be solved explicitly for values of y ; ( t + n ) ...
Page 400
... initial value is y ( to ) = F ( to , q , 0 ; f ) + bF ( to , q , 1 ; 0 ) n = 0 + b , ( 54 ) satisfying the correct initial condition , and thereby constituting the unique solution . 23. We shall show that the most general system of any ...
... initial value is y ( to ) = F ( to , q , 0 ; f ) + bF ( to , q , 1 ; 0 ) n = 0 + b , ( 54 ) satisfying the correct initial condition , and thereby constituting the unique solution . 23. We shall show that the most general system of any ...
Contents
INTRODUCTION | 3 |
THE THEORY OF MAXIMIZING BEHAVIOR | 21 |
A COMPREHENSIVE RESTATEMENT OF THE THEORY | 57 |
Copyright | |
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a₁ analysis arbitrary assumed assumption behavior causal system chapter coefficients commodity comparative statics competition constant constraints consumer consumer's consumer's surplus defined demand curve demand functions determined difference equations differential equations discussion dynamic economists equal expression fact factors factors of production finite formal given Hicks homogeneous implies independent index numbers indifference curves individual inequalities initial conditions integral involving J. R. Hicks librium linear marginal cost marginal utility mathematical matrix maximizing maximum motion necessary negative definite numeraire optimal optimum output P₁ parameter partial derivatives perfect competition polynomial positive possible preference field principal minors problem production properties quadratic form quantity ratios relations respect result roots Samuelson satisfy solution stability sufficient theorem tion transformation unique unity utility index utility of income vanish variables vector w₁ welfare economics written x₁ zero Σ Σ