[EMAIL PROTECTED] wrote:
revealed preferences
Who came up with that concept?
Doug
Doug H wrote
revealed preferences
Who came up with that concept?
Paul Samuelson.
Background (from long-ago graduate school days). About 75% of the following is
true.
In the old days of neoclassical economics they made use of the notion
of utility. Utility was generally seen to
Re the 2.7% average spending on education and childcare:
I wonder the extent to which this is due to the use of household spending
averages.
Example:
Beaver and family: $50,000 spending and $10,000 in education and childcare
spending = 20 spending on ed/childcare%.
70 year old person (a
Title: RE: [PEN-L:27709] Re: Re: Re: Re: Inflation and CPI
also, a lot of the payment for education is in the form of taxes, and so doesn't show up in the CPI. (Does the CPI exclude sales taxes? even if it doesn't, it does exclude most other taxes.)
Jd
-Original Message-
From
Isn't that Samuelson's term?
On Sun, Jul 07, 2002 at 12:10:24PM -0400, Doug Henwood wrote:
[EMAIL PROTECTED] wrote:
revealed preferences
Who came up with that concept?
Doug
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 530-898-5321
You have mere preferences; I have cultivated tastes.
On Sat, Jul 06, 2002 at 03:35:39PM -0700, Devine, James wrote:
I don't remember, what's the difference between tastes and preferences?
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel.
Jim D. wrote,
also, a lot of the payment for education is in the form of taxes, and so
doesn't show up in the CPI. (Does the CPI exclude sales taxes? even if it
doesn't, it does exclude most other taxes.)
Only post-tax spending is included in the CPI. Public school spending, etc,
does not
Jim wrote,
I don't remember, what's the difference between tastes and preferences?
Same thing except that preferences likely became common language after the
presentation of the notion of revealed preferences in modern welfare
economics. Tastes is just older language for the same thing.
I began with the distance to suggest that it should be a component of the
rent. Doug's statistics on delays were useful since the increasing
commutes lead to more congestion, causing more delays.
On Fri, Jul 05, 2002 at 08:15:14AM -0700, Eugene Coyle wrote:
Doesn't this exchange confuse the
Michael Perelman wrote:
Help me out here Doug. Usually, I would be inclined to believe Census figures
over something from Texas, but
Texas Transportation Institute. 2002. 2002 Urban Mobility Study
http://mobility.tamu.edu/ums/
Congestion is growing in areas of every size. The 75 urban areas
At 02:06 PM 07/04/2002 -0700, you wrote:
I am happy to hear about NY public transportation. NY may be unusual in that
even moderately well to do people use it.
Returned from NYC a few weeks ago and agree that NYC public transit is a
miracle of convenience/dependability/efficiency. Prosit!
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