A Note on Price Stability and Consumer's Welfare

DOI10.2307/1911734zbMath0588.90012OpenAlexW2978015867MaRDI QIDQ3716758

Michael R. Baye

Publication date: 1985

Published in: Econometrica (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.2307/1911734

zbMATH Keywords

stochastic dominancemean preserving partial price stabilization

Mathematics Subject Classification ID

Microeconomic theory (price theory and economic markets) (91B24) Economic growth models (91B62)

Related Items (2)

Price uncertainty and consumer welfare in an intertemporal setting ⋮ Price uncertainty, saving, and welfare

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