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30 kwi 2024 · Ceteris Paribus – The Undergraduate Journal of Economics at UNC-Chapel Hill. Tuesday, April 30, 2024. By mykeljoh. About Us. Founded in 2023, our goal is to is to promote, engender, and expand undergraduate involvement with research in economics.
12 paź 2022 · Ceteris paribus. The assumption behind a demand curve or a supply curve is that no relevant economic factors, other than the product’s price, are changing. Economists call this assumption ceteris paribus , a Latin phrase meaning “other things being equal.”
14 mar 2011 · (1) Ceteris paribus, an increase of gas temperature leads to a (proportional) increase of gas volume (Gay-Lussac’s gas law). (2) Ceteris paribus, an increase of the blood alcohol level of a driver leads to an increased probability of a car accident.
The law of supply states that more of a good will be provided the higher its price; less will be provided the lower its price, ceteris paribus. There is a direct relationship between price and quantity supplied.
Ceteris paribus is a Latin phrase meaning 'all other things being equal' or 'holding all other factors constant.' It is a crucial concept in economics that allows economists to isolate the effect of one variable on another by assuming that all other relevant factors remain unchanged.
In Section 2 we briefly review Lange’s (1993a) attempt to state the problem of provisos as a dilemma whose horns offer either falsity or triviality. In Section 3 we review Hempel’s (1988) analysis, which sup-posedly inspired Lange’s dilemma.
To this purpose we write down a linear regression equation \ (Y = a_1\times X_1 + a_2\times X_2 + U\). Here \ (a_1\) and \ (a_2\) are fixed coefficients and \ (U\) is a so-called error term, which we may take to represent the other causal influences on \ (Y\) besides \ (X_1\) and \ (X_2\).
