The focus of this Element is on the idea that choice is hierarchical so that there exists an order of acquisition of durable goods and assets as real incomes increase. Two main approaches to deriving such an order are presented, the so-called Paroush approach and Item Response Theory. This title is also available as Open Access on Cambridge Core.
The focus of this Element is on the idea that choice is hierarchical so that there exists an order of acquisition of durable goods and assets as real incomes increase. Two main approaches to deriving such an order are presented, the so-called Paroush approach and Item Response Theory. This title is also available as Open Access on Cambridge Core.
1. Introduction 2. Economics and Hierarchical Choice 3. Deriving the order of acquisition of durable goods and assets: methodologies 4. Deriving the order of acquisition of durable goods and assets: empirical illustrations 5. The order of acquisition of durable goods and assets and the measurement of inequality, poverty, and welfare 6. On the order of curtailment of expenditures 7. Concluding comments.
1. Introduction 2. Economics and Hierarchical Choice 3. Deriving the order of acquisition of durable goods and assets: methodologies 4. Deriving the order of acquisition of durable goods and assets: empirical illustrations 5. The order of acquisition of durable goods and assets and the measurement of inequality, poverty, and welfare 6. On the order of curtailment of expenditures 7. Concluding comments.
Es gelten unsere Allgemeinen Geschäftsbedingungen: www.buecher.de/agb
Impressum
www.buecher.de ist ein Shop der buecher.de GmbH & Co. KG Bürgermeister-Wegele-Str. 12, 86167 Augsburg Amtsgericht Augsburg HRA 13309