1,522 research outputs found

    Cobb-Douglas Utility - Eventually!

    Get PDF
    Consider the following two opinions, both of which can be found in the literature of consumer demand systems: (a) As the real income of a consumer becomes indefinitely large, re-mixing the consumption bundle becomes irrelevant: having chosen the ultimately satisfying budget shares at any given set of relative prices, the superlatively wealthy continue to allocate additional income in the same proportions. With very large and increasing per capita income, ultimately the utility function becomes indistinguishable from Cobb-Douglas. (b) Consumer demand systems in which the income elasticities monotonically approach one (from above, in the case of luxuries; from below, in the case of necessities) are unsatisfactory both theoretically and empirically. For instance, a necessity with a low (consumer demand system; applied general equilibrium; separability; implicitly directly additive preferences; effectively global regularity; Cobb-Douglas, calibration; AIDADS.

    Etiological Histories of 35 Deaf and Hard-of-Hearing Residential School Students with Delinquent Behavior

    Get PDF
    This paper reviews the etiological histories of deaf and hard-of-hearing juveniles with delinquent behaviors. The etiologies of hearing loss and incidence of secondary or multiple disabilities in students with delinquent behaviors is examined through a review of existing school records for thirty- five (35) students born between the years of 1939-1986. Case studies, percentages, IQ scores, and reading grade level scores are used to provide a description of the neurological and behavioral issues of deaf and hard-of- hearing residential school youth who have experienced criminal legal problems. The purpose is to improve awareness among educators and juvenile Justice professionals of some potential effects of multiple disabilities on delinquency in signing deaf and hard of-hearing youth
    • …
    corecore