The Mathematical Method in Treating the Price Problem

Abstract

And let the quantities of the different factors owned by the different individuals be represented by the symbol Qik. That is, the quantity of the first factor owned by the first individual will be Qi1k1, for the first factor owned by the second individual, Q i2k1, for the second factor and the first individual Q i1k2, and so on to QiN for the nth factor and the Nth individual.⁷

Citation

Emmett, R.B. (2011), "The Mathematical Method in Treating the Price Problem", Emmett, R.B. (Ed.) Frank H. Knight in Iowa City, 1919–1928 (Research in the History of Economic Thought and Methodology, Vol. 29 Part 2), Emerald Group Publishing Limited, Leeds, pp. 89-101. https://doi.org/10.1108/S0743-4154(2011)000029B012