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Marshall-Edgeworth Index

The statistical index

P_(ME)=(sump_n(q_0+q_n))/(sum(v_0+v_n)),

where p_n is the price per unit in period n, q_n is the quantity produced in period n, and v_n=p_nq_n is the value of the n units.

See also

Index

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References

Kenney, J. F. and Keeping, E. S. Mathematics of Statistics, Pt. 1, 3rd ed. Princeton, NJ: Van Nostrand, pp. 66-67, 1962.

Referenced on Wolfram|Alpha

Marshall-Edgeworth Index

Cite this as:

Weisstein, Eric W. "Marshall-Edgeworth Index." From MathWorld--A Wolfram Web Resource. https://mathworld.wolfram.com/Marshall-EdgeworthIndex.html

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