Concept information
Término preferido
comparative statics
Definición
- Comparative statics is a field of study that examines how changes in market conditions influence the positions of the demand and supply curves and therefore the equilibrium levels of price and output (see Santerre, 2000). Comparative statics involves comparing the initial and new equilibrium points after an external change alters the market. [Source: Encyclopedia of Health Care Management; Comparative Statics]
Concepto genérico
Pertenece al grupo
URI
http://data.loterre.fr/ark:/67375/N9J-CBHTM61W-N
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