The Substitution and the Revenue Effects for a Cobb-Douglas Utility Function

dc.contributor.author	Ioan, Catalin Angelo
dc.contributor.author	Ioan, Gina
dc.date.accessioned	2015-10-29T08:53:57Z
dc.date.available	2015-10-29T08:53:57Z
dc.date.issued	2010
dc.identifier.issn	1584-0409
dc.identifier.uri	http://10.11.10.50/xmlui/handle/123456789/3533
dc.description	Annals of “Dunarea de Jos” University of Galati Fascicle I – 2010. Economics and Applied Informatics. Years XVI – no 2	en_US
dc.description.abstract	In the consumer’s theory, a crucial problem is to determine the substitution effect and the revenue effect in the case of one good price’s modifing. There exists two theories due to John Richard Hicks and Eugen Slutsky which allocates differents shares of the total change of the consumption to these effects. The paper makes an analysis between the two effects, considering the general case of a Cobb-Douglas utility function and introduces three indicators which will characterize these shares.	en_US
dc.language.iso	en	en_US
dc.publisher	“Dunarea de Jos” University of Galati	en_US
dc.subject	Cobb-Douglas	en_US
dc.subject	substitution	en_US
dc.subject	revenue	en_US
dc.title	The Substitution and the Revenue Effects for a Cobb-Douglas Utility Function	en_US
dc.type	Article	en_US