Markets and the measurement of value
โ
Don L. Coursey
๐
Article
๐
1987
๐
Springer US
๐
English
โ 352 KB
Consumer's surplus and the Hicksian measures of compensating and equivalent variation have a long history in empirical economic analysis. However, at both the theoretical and the empirical level, economists, psychologists, and public choice theorists have not been able to reach a significant consens