Income and Substitution Effects and Expected Utility Hypothesis

Watch these videos. The associated spreadsheet for this video is the fourth one in this workbook. Explore the various changes caused by the income and substitution effects.


Source: Professor Arvan, https://www.youtube.com/watch?v=GgzS04HCVbw, https://www.youtube.com/watch?v=w6VVILttGbs&t=188s
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Last modified: Wednesday, October 13, 2021, 9:09 AM