Talk:Budget constraint
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This article could be useful to a wider group with a graphical example
[edit]What's there is fine, but starting with the simplest graphical case first would enhance its use and tie in to the Consumer theory article. The enhancement might show a graphical family of BCs, the analog of an indifference curve map, possibly with another family showing a price change. Wiki readers would be well served with the curves coming first.
I do think that the principle here ought to be applied more generally for Wiki articles: Simplest cases first. Then build on those. Thx. Thomasmeeks 20:07, 5 September 2006 (UTC)
Linear budget constraint
[edit]It is assumed that budget constraints are linear. --Jgard5000 (talk) 00:33, 27 September 2009 (UTC)jgard5000 Is this a valid assumption?
Dr. Kazakova's comment on this article
[edit]Dr. Kazakova has reviewed this Wikipedia page, and provided us with the following comments to improve its quality:
This article provides a detailed description of budget constraint concept. It first gives the definition of a budget constraint; then it desribes different ways to use this concept including the case of individual choice as well as international economics which implies the notion of production-possibility frontier. The article extends individual choice on many goods case as well.
We hope Wikipedians on this talk page can take advantage of these comments and improve the quality of the article accordingly.
Dr. Kazakova has published scholarly research which seems to be relevant to this Wikipedia article:
- Reference : P. A. Nazarov & Kazakova, Maria, 2014. "Development of Prediction Model of Basic Budget Parameters in Russian Federation," Published Papers r90220, Russian Presidential Academy of National Economy and Public Administration.