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Applying some built-in functions of Mathematica, this note provides some graphics derived from convergent paths in "Solow Model." The main aim is to attarct other economists and introduces alternative analyzing tools but I also expect that this material helps teaching economics (programming...
Persistent link: https://www.econbiz.de/10005181879
This expository note shows a proof of Alchian and Allen's conjecture broadly known as a phrase `shipping the good apples out'' meaning that consumers purchase fine quality relatively more than coarse one if a fixed charge is imposed. Their statement is often referred as the Alchian-Allen theorem...
Persistent link: https://www.econbiz.de/10005196397
This expository note shows a proof of Alchian and Allen's conjecture broadly known as a phrase `shipping the good apples out'' meaning that consumers purchase fine quality relatively more than coarse one if a fixed charge is imposed. Their statement is often referred as the Alchian-Allen theorem...
Persistent link: https://www.econbiz.de/10010629807
Applying some built-in functions of Mathematica, this note provides some graphics derived from convergent paths in "Solow Model." The main aim is to attarct other economists and introduces alternative analyzing tools but I also expect that this material helps teaching economics (programming...
Persistent link: https://www.econbiz.de/10010630265