0
Your cart

Your cart is empty

Books > Business & Economics > Economics > Microeconomics

Buy Now

The Index Number Problem - Construction Theorems (Hardcover) Loot Price: R4,009
Discovery Miles 40 090
The Index Number Problem - Construction Theorems (Hardcover): Sydney Afriat

The Index Number Problem - Construction Theorems (Hardcover)

Sydney Afriat

 (sign in to rate)
Loot Price R4,009 Discovery Miles 40 090 | Repayment Terms: R376 pm x 12*

Bookmark and Share

Expected to ship within 12 - 17 working days

A theft amounting to GBP1 was a capital offence in 1260 and a judge in 1610 affirmed the law could not then be applied since GBP1 was no longer what it was. Such association of money with a date is well recognized for its importance in very many connections. Thus arises the need to know how to convert an amount at one date into the right amount at another date: in other words, a price index. The longstanding question concerning how such an index should be constructed is known as 'The Index Number Problem'. The ordinary consumer price index represents a practical response to this need. However the search for a true price index has given rise to extensive thought and theory to which an impressive number of economists have each contributed a word, or volume. However, there have been hold-ups at a basic level, which are addressed in this book. The approach brings the subject into involvement with utility construction on the basis of finite data, in a form referred to as 'Afriat's Theorem' but now with utility subject to constant (and also possibly approximate) returns.

General

Imprint: Oxford UniversityPress
Country of origin: United Kingdom
Release date: February 2014
First published: April 2014
Authors: Sydney Afriat (Visiting Professor)
Dimensions: 237 x 162 x 22mm (L x W x T)
Format: Hardcover
Pages: 236
ISBN-13: 978-0-19-967058-1
Categories: Books > Business & Economics > Economics > Microeconomics > General
Books > Business & Economics > Economics > Econometrics > Economic statistics
Promotions
LSN: 0-19-967058-7
Barcode: 9780199670581

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!

You might also like..

Microeconomics - South African Edition
Gregory Mankiw, Mark Taylor, … Hardcover R564 Discovery Miles 5 640
The South African Informal Sector…
Frederick Fourie Paperback R116 R108 Discovery Miles 1 080
Microeconomics
Mankiw Taylor Paperback R1,004 Discovery Miles 10 040
Economics and Business environment
W. Hulleman, A. Marijs Paperback R2,090 Discovery Miles 20 900
Advanced Introduction to Bounded…
Clement A. Tisdell Paperback R613 Discovery Miles 6 130
Why World Leaders Must Resist the False…
Richard Baldwin, Simon Evenett Paperback R461 Discovery Miles 4 610
Microeconomics, Global Edition + MyLab…
Jeffrey Perloff R2,684 Discovery Miles 26 840
Professional Team Sports and the Soft…
Rasmus K. Storm, Klaus Nielsen, … Hardcover R3,059 Discovery Miles 30 590
Microeconomics: Theory and Applications…
Jeffrey Perloff Paperback R2,497 Discovery Miles 24 970
Tensions Contained... for Now: The 8th…
Simon J. Evenett Paperback R726 Discovery Miles 7 260
Microeconomics
John Mijares Fold-out book or chart R232 Discovery Miles 2 320
Managed Exports and the Recovery of…
Simon J. Evenett Paperback R722 Discovery Miles 7 220

See more

Partners