TY - JOUR
AU - Working, Holbrook
AB - Summary One type of study is concerned with the relation between price and consumers' demand, 503. — Illustrated in the study of potatoes, 505. — Price data should relate to a specific market, 508. — Allowance must be made for effects of other forces, 509. — Demand must be expressed in terms of rates and must cover all uses, 512. — Elasticity depends on market point at which it is measured, 512. — A second and more common type of study is concerned with “ speculators'” demand, 518. — Cannot be expressed in terms of rates, 519. — But may yield some knowledge of consumers' demand, 521. — Current “demand and supply” can rarely be measured satisfactorily, 522. — A modification of the second type of study gives better results, 524. — The two types compared, 525. — Relation between theoretical and empirical demand curves, 526. — Three divergent statistical results, 529. — Determining the true relationship, 536. This content is only available as a PDF. Copyright, 1924–25, by the President and Fellows of Harvard College
TI - The Statistical Determination of Demand Curves
JF - The Quarterly Journal of Economics
DO - 10.2307/1883264
DA - 1925-08-01
UR - https://www.deepdyve.com/lp/oxford-university-press/the-statistical-determination-of-demand-curves-9wOx1sdDhG
SP - 503
EP - 543
VL - 39
IS - 4
DP - DeepDyve
ER -