Equilibrium Displacement Models: Theory, Applications, & Policy Analysis
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Equilibrium Displacement Models: Theory, Applications, & Policy Analysis
Published Date
2023-07
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University of Minnesota Libraries Publishing
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Book
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Abstract
Applied economists frequently use equilibrium displacement models (EDMs), also termed linear elasticity models, for policy analyses because they can be used to estimate changes in prices and quantities that result from exogenous economic or policy shocks. These models are also widely used to estimate changes in producer and consumer surplus caused by exogenous economic shocks and to quantify the short- and long-term impacts of a variety of economic and regulatory actions across multiple markets. For the first time, a textbook that contains all of the theory and applications of EDMs along with a set of spreadsheet files is available in one place.
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UPDATED revised first edition added December 2023. Original version added July 2023.
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978-1-946135-94-0
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Brester, Gary W; Atwood, Joseph A; Boland, Michael A. (2023). Equilibrium Displacement Models: Theory, Applications, & Policy Analysis. Retrieved from the University Digital Conservancy, https://hdl.handle.net/11299/254927.
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