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Considerations on the Hicks Effect for N Consumer’s Goods

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  • Catalin Angelo Ioan

    (Danubius University of Galati, Department of Economics)

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.

Suggested Citation

  • Catalin Angelo Ioan, 2012. "Considerations on the Hicks Effect for N Consumer’s Goods," EuroEconomica, Danubius University of Galati, issue 2(31), pages 116-126, May.
    • Handle: RePEc:dug:journl:y:2012:i:2:p:116-126
    as

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    File URL: http://journals.univ-danubius.ro/index.php/euroeconomica/article/view/1289/1143
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    References listed on IDEAS

    as
    1. Dixit, Avinash K., 1990. "Optimization in Economic Theory," OUP Catalogue, Oxford University Press, edition 2, number 9780198772101.
    2. Mas-Colell, Andreu & Whinston, Michael D. & Green, Jerry R., 1995. "Microeconomic Theory," OUP Catalogue, Oxford University Press, number 9780195102680.
    3. Catalin Angelo IOAN & Gina IOAN, 2010. "The Substitution and the Revenue Effects for a Cobb-Douglas Utility Function," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 2, pages 87-94.
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    Keywords

    Hicks; goods; substitution; revenue;
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