Example.MWG.15.B.2 {CGE} | R Documentation |
This is Example 15.B.2 in MWG (1995, P521), which is a pure exchange 2-by-2 economy with quasilinear utility functions.
Example.MWG.15.B.2(p0 = c(1, 0.3))
p0 |
an initial price 2-vector, which will be passed to the function sdm. |
LI Wu <liwu@staff.shu.edu.cn>
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).
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