Estimation of demand and supply functions from univariate sample with known separation |
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Authors: | Wojciech Charemza Joachim Domsta |
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Affiliation: | University of Gdańsk, Poland |
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Abstract: | It is shown that the joint unconditional density function of demand and supply is a computable function of parameters of the conditional density function of the observed quantity. Propositions of formulating unconditional and conditional disequilibrium measures are suggested. |
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