Question
consumer in an exchange economy has a vector of endowments given by e Rn++. Prices in the economy are given by the vector p Rn+.
consumer in an exchange economy has a vector of endowments given by e Rn++. Prices in the economy are given by the vector p Rn+. Define the consumer's indirect Utility function V (p,p e)
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Modern Principles of Economics
Authors: Tyler Cowen, Alex Tabarrok
3rd edition
1429278390, 978-1429278416, 1429278412, 978-1429278393
