Value data and the Bennet price and quantity indicators

Robin M. Cross and Rolf Färe

Economics Letters, 2009, vol. 102, issue 1, 19-21

Abstract: We derive value-based Bennet indicators, expressed in terms of revenues and expenditures (values) and relative prices, rather than prices and quantities. We then show how relative price information is recoverable from value data when agents are rational.

Keywords: Bennet; indicators; Prices; Weak; axiom (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:102:y:2009:i:1:p:19-21

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