CH05Choice(选择)的.ppt

Chapter Five;outline;Economic Rationality;消费者选择;良好性状偏好;Rational Constrained Choice;Rational Constrained Choice;Rational Constrained Choice;非良好性状偏好;消费者需求;Rational Constrained Choice;Rational Constrained Choice;Rational Constrained Choice;Rational Constrained Choice;;Suppose at a consumption bundle (x1, x2), MRS=-2, -P1/P2=-1 The consumer is willing to give up 2 unit of x2 to exchange for an additional unit of x1 The market allows her to give up only 1 unit of x2 to obtain an additional x1 (x1, x2) is not optimal choice She can be better off increasing her consumption of x1.;x1;Computing Ordinary Demands ;Computing Ordinary Demands;Computing Ordinary Demands - a Cobb-Douglas Example.;Computing Ordinary Demands - a Cobb-Douglas Example.;Computing Ordinary Demands - a Cobb-Douglas Example.;Computing Ordinary Demands - a Cobb-Douglas Example.;Computing Ordinary Demands - a Cobb-Douglas Example.;Computing Ordinary Demands - a Cobb-Douglas Example.;Computing Ordinary Demands - a Cobb-Douglas Example.;Computing Ordinary Demands - a Cobb-Douglas Example.;Rational Constrained Choice;Examples of Corner Solutions -- the Perfect Substitutes Case;Examples of Corner Solutions -- the Perfect Substitutes Case;Examples of Corner Solutions -- the Perfect Substitutes Case;Examples of Corner Solutions -- the Perfect Substitutes Case;Examples of Corner Solutions -- the Perfect Substitutes Case;Examples of Corner Solutions -- the Perfect Substitutes Case;Examples of Corner Solutions -- the Perfect Substitutes Case;Examples of Corner Solutions -- the Non-Convex Preferences Case;Examples of Corner Solutions -- the Non-Convex Preferences Case;Examples of Corner Solutions -- the Non-Convex Preferences Case;Examples of Corner Solutions -- the Non-Convex Preferences Case;Examples of Corner Solutions -- the Non-Convex Preferences Case;Examples of ‘Kinky’ Solutions -- the Perfect Complements Case;Examples of ‘Kinky’ Solutions -- the Perfect Complements Case;Examples of ‘Kinky’ Solutions -- the P