On Absolute and Relative Change
Theoretical Economics
2020-12-01 v1
Abstract
Based on an axiomatic approach we propose two related novel one-parameter families of indicators of change which put in a relation classical indicators of change such as absolute change, relative change and the log-ratio.
Cite
@article{arxiv.2011.14807,
title = {On Absolute and Relative Change},
author = {Silvan Brauen and Philipp Erpf and Micha Wasem},
journal= {arXiv preprint arXiv:2011.14807},
year = {2020}
}
Comments
10 pages, 1 figure