Example.MWG.15.B.2: Example 15.B.2 in MWG (1995)

Description Usage Arguments Author(s) References Examples

View source: R/MWG_Varian_examples.R

Description

This is Example 15.B.2 in MWG (1995, P521), which is a pure exchange 2-by-2 economy with quasilinear utility functions.

Usage

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Example.MWG.15.B.2(p0 = c(1, 0.3))

Arguments

p0

an initial price 2-vector, which will be passed to the function sdm.

Author(s)

LI Wu <liwu@staff.shu.edu.cn>

References

LI Wu (2019, ISBN: 9787521804225) General Equilibrium and Structural Dynamics: Perspectives of New Structural Economics. Beijing: Economic Science Press. (In Chinese)

Mas-Colell, Andreu and Whinston, Michael Dennis and Green, Jerry R. (1995, ISBN: 0195073401) Microeconomic Theory. Oxford University Press (New York).

Examples

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ge <- Example.MWG.15.B.2()
ge$p

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ge <- Example.MWG.15.B.2(p0 = c(0.3, 1))
ge$p

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ge <- Example.MWG.15.B.2(p0 = c(1, 1))
ge$p

CGE documentation built on July 8, 2020, 5:16 p.m.

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