Robustness Measures for Welfare Analysis.

Economists routinely make functional form assumptions on demand curves to derive welfare conclusions. How sensitive are these conclusions to such assumptions? In this paper, we develop robustness measures that quantify the extent to which the true demand curve must deviate from common functional for...

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Bibliographic Details
Published in:American Economic Review Vol. 115; no. 8; pp. 2449 - 2488
Main Authors: Kang, Zi Yang, Vasserman, Shoshana
Format: Article
Published: American Economic Association Aug2025
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Online Access:View this record in EBSCOhost