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Estimation of demand and supply functions from univariate sample with known separation
Authors:Wojciech Charemza  Joachim Domsta
Affiliation:University of Gdańsk, Poland
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.
Keywords:
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