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Edward Elgar Publishing Quality Measurement in Economics - Edward Elgar Publishing

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Description

Explore new perspectives on the evolution of goods and services with this academic work from Edward Elgar Publishing. In this book, Steven Payson examines the vital role of quality measurement within the study of price indices, product innovation, and evolutionary change. This text provides a deep look into the debate between the user-value definition of quality and the producer-cost definition. Payson defends the user-value approach and introduces the Representative Good Approach (RGA). This new method allows for the measurement of quality over extended historical periods by analyzing historical documents. Whether you are studying econometrics or economic history, this book offers a fresh way to understand how products change over time. It is an essential resource for those looking to understand the mechanics of product innovation and the shifting nature of value in modern and historical economies.

Key Features

Investigate the evolution of goods and services through the lens of quality measurement and economic change.

Learn about the Representative Good Approach (RGA) to measure quality across long historical periods.

Understand the debate between user-value and producer-cost definitions of quality in economics.

Analyze how quality measurement impacts the study of price indices and product innovation.

This used book is in good condition, making it a reliable resource for students and professionals.

Explore the relationship between historical documents and modern economic measurement techniques.

Product Specifications

Format
Hardcover
Domain
Amazon UK
Release Date
01 January 1994
Listed Since
16 December 2006

Barcode

No barcode data available

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