Social and Cultural Dynamics ...: FLuctuation of social relationships, war, and revolution |
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Strana 7
Since such human capital - enhancing commodities introduce intertemporal
considerations , the consumer framework must be general enough to encompass
the investment aspects of consumer behavior . Such a comprehensive framework
...
Since such human capital - enhancing commodities introduce intertemporal
considerations , the consumer framework must be general enough to encompass
the investment aspects of consumer behavior . Such a comprehensive framework
...
Strana 8
While Becker makes no attempt to include either commodities with an
intertemporal nature or " free " goods , his model does expose the crucial nature
of the time constraint , as well as the underlying input - output relations .
Successful ...
While Becker makes no attempt to include either commodities with an
intertemporal nature or " free " goods , his model does expose the crucial nature
of the time constraint , as well as the underlying input - output relations .
Successful ...
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 ...
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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