Considerations on the Hicks Effect for N Consumer’s Goods
Considerations on the Hicks Effect for N Consumer’s Goods
Author(s): Cătălin Angelo IoanSubject(s): Economy
Published by: Editura Universitară Danubius
Keywords: Hicks; goods; substitution; revenue
Summary/Abstract: The paper analyzes the Hicksian effect of income and substitution for the case of n goods when all their prices change. We determine hereby the limits of variation of the two effects and the relationship between them.
Journal: Euro Economica
- Issue Year: 31/2012
- Issue No: 02
- Page Range: 116-126
- Page Count: 11
- Language: English
