| Robert B. Helms - 1993 - 448 pagini
...through point B until it cuts the 45 degree line at point D. Distance DH* along the 45 degree line is the amount of money that would have to be given to high risks to compensate them for the lost opportunity to buy policy H*. A corollary to this argument... | |
| Robert Bacon - 1995 - 46 pagini
...the former level of prices, measures the difference between the utility curves. For a price fall it is the amount of money that would have to be given to the household to bring its utility to Figure 2.2 A Price Fall B O X Figure 2.3 Compensating Variation... | |
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