Demand is what the consumer can and is willing to buy at a given price over a given time period. Analyzing demand is a complicated process that takes into account many variables. Economists and ...

Mary Hall is a editor for Investopedia's Advisor Insights, in addition to being the editor of several books and doctoral papers. Mary received her bachelor's in English from Kent State University with ...

Shape invariance is a property of demand functions that is widely used for parametric and semiparametric modeling and is associated with a commonly employed class of equivalence scale models used for ...

Vol. 24, No. 3, General Equilibrium, Incomplete Markets and Sunspots: A Symposium in Honor of David Cass (Oct., 2004), pp. 493-501 (9 pages) It is shown that the property that the equilibrium manifold ...