
Homotheticity

Translation of "homotheticity" into Russian
homotheticity
Nounhomotheticity
homotheticities pl
The concept of homotheticity is important in economic theory.
Понятие гомотетичности важно в экономической теории.
Definitions
homotheticity
NounThe quality or condition of being homothetic; in mathematics and economics, the property of a function, set, or preference relation that can be mapped onto a scaled version of itself.
The homotheticity of Cobb–Douglas preferences simplifies comparative statics analysis.