Sentence examples for compensating variation from inspiring English sources
The variation in the WTP and compensating variation estimates among examined studies can be attributed to differences in the levels of driving range considered, in other elements of the study design and in the country of study.
The policy simulation study relies on the calculation of compensating variation.
Compensating variation above is a concept based on welfarist and individualist welfare economics.
The consumer utility being measured was compensating variation and the survey measured WTP in the context of program availability.
Most welfare economists agree in principle that to be interpersonally comparable (viz. to be of policy relevance), compensating variation should be corrected for income inequality by applying 'distributional weights' [ 44].
Compensating variation is a cardinal measure of change in individual well-being, as assessed by the individual themselves, and while the underlying individual utility functions are not directly observed, the size of compensating variations appear to be interpersonally comparable.
In the first case, the magnetic field freezing-in is caused by circular induction currents, compensating variations of the magnetic flux through a closed contour bonded to the moving medium.
(2015), the above insights can be used to formally evaluate policy reforms in terms of individual welfare by computing, for instance, bounds on equivalent and compensating variations.
One of the main functions of the backrest oscillation is to compensate variation in warp tension as they are unwound from the weaver's beam during each weaving cycle of the loom.
To compensate variation of input RNA amount or efficiency of reverse transcription enzyme, a housekeeping gene was used to quantify and normalize the results (β-actin).
The general requirements are first established for the robust behaviour of the guidance function, not only to cover modelling imperfections but also to compensate variations of the system parameters.
