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A simple and efficient method for estimating the magnitude and precision of welfare changes

โœ Scribed by Jon A. Breslaw; J. Barry Smith


Book ID
112117673
Publisher
John Wiley and Sons
Year
1995
Tongue
English
Weight
803 KB
Volume
10
Category
Article
ISSN
0883-7252

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โœ Ian J. Irvine; Professor William A. Sims ๐Ÿ“‚ Article ๐Ÿ“… 2002 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 37 KB ๐Ÿ‘ 1 views

## Abstract A recent article (Breslaw and Smith, 1995) published in this journal provided an iterative numerical technique for computing the welfare effects of price changes. In this note we take issue with the application used to demonstrate this technique. In particular, we show that the demands