Some Hidden Gains and Losses of a Wool Reserve Scheme
Year: 1964
Type: article
Abstract: “Through the influence of Alfred Marshall economists have developed a fondness for certain dimensionless expressions called efasticify coefficients. On the whole it appears that their importance is not very great except possibly as a mental exercise for beginning students … Not only are elasticity expressions more or less useless but in more compficated systems they become an actual nuisance converting symmetrical expressions into asymmetrical ones…”
Author: Fred H.G. Gruen
Institution: Monash University
Language: English
Subfield: Safety Research
Field: Social Sciences
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W1994558581