Revealed preference/Definition: Difference between revisions
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imported>Nick Gardner (New page: <noinclude>{{Subpages}}</noinclude> A method of estimating the price elasticity of demand for a good by observing the market behav...) |
John Leach (talk | contribs) m (Text replacement - "market" to "market (economics)") |
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A method of estimating the [[Elasticity (economics)#Price elasticity of demand|price elasticity of demand]] for a good by observing the [[market]] behaviour of consumers. | A method of estimating the [[Elasticity (economics)#Price elasticity of demand|price elasticity of demand]] for a good by observing the [[market (economics)|market]] behaviour of consumers. |
Latest revision as of 18:47, 7 March 2024
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Revealed preference [r]: A method of estimating the price elasticity of demand for a good by observing the market behaviour of consumers.