| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP7432 |
| DP7432 Cultural Identity and Knowledge Creation in Cosmopolitan Cities | |
| Gianmarco Ottaviano; Giovanni Prarolo | |
| 发表日期 | 2009-08-23 |
| 出版年 | 2009 |
| 语种 | 英语 |
| 摘要 | The condition for when a price control increases consumer welfare in perfect competition is tighter than often realised. When demand is linear, a small restriction on price only increases consumer surplus if the elasticity of demand exceeds the elasticity of supply; with log-linear or constant-elasticity, demand consumers are always hurt by price controls. The results are best understood - and can be related to monopoly-theory results - using the fact that consumer surplus equals the area between the demand curve and the industry marginal-revenue curve. |
| 主题 | Industrial Organization ; Public Economics |
| 关键词 | Rationing Allocative efficiency Microeconomic theory Marginal revenue Minimum wage Rent control Consumer welfare |
| URL | https://cepr.org/publications/dp7432 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/536266 |
| 推荐引用方式 GB/T 7714 | Gianmarco Ottaviano,Giovanni Prarolo. DP7432 Cultural Identity and Knowledge Creation in Cosmopolitan Cities. 2009. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
