Social and Cultural Dynamics ...: FLuctuation of social relationships, war, and revolution |
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Strana 10
The model considers the consumption of goods by an individual to be an activity
produced by combining physical and time inputs . Therefore , all " free " goods
have at least an implicit cost in the form of consumption time which must be ...
The model considers the consumption of goods by an individual to be an activity
produced by combining physical and time inputs . Therefore , all " free " goods
have at least an implicit cost in the form of consumption time which must be ...
Strana 9
Static Choice In any market period , an individual is assumed to engage in a set
of activities , combining market purchased goods and time to produce a set of
commodities 2 ; , i = 1 , . . . , m . For example , if the commodity being consumed is
a ...
Static Choice In any market period , an individual is assumed to engage in a set
of activities , combining market purchased goods and time to produce a set of
commodities 2 ; , i = 1 , . . . , m . For example , if the commodity being consumed is
a ...
Strana 20
Since the model considered the individual to be a producer of the consumed
commodities ( by combining the physical and time inputs required for their
production ) , the individual demands the market inputs and supplies the time
input ...
Since the model considered the individual to be a producer of the consumed
commodities ( by combining the physical and time inputs required for their
production ) , the individual demands the market inputs and supplies the time
input ...
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accepted agency allocated alterations amount analysis assumed average basis becomes benefits budget Chapter choice client combining commodities considerations constraint consumption cost defined Department depend determined developed disability type discounted district economic Education effect empirical equilibrium consumptions estimated expanded expected forecasts formulations future periods give given Government Health human implies included income income effect increase individual individual's demand inputs interest investment activities larger less limited magnitude marginal maximize maximum Michigan month monthly multiperiod nature necessary needed negative observations obtained Office opportunity earnings parameter particular payments period physical poor positive present present period production functions production possibilities quantity received recipient recorded regressions relation relationship service demanded significant social statistics substitution effect supply TABLE term tion unit of service utility variables vocational rehabilitation services wage prediction equation wage rate weekly earnings welfare zero