Gorman polar form: Difference between revisions

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== Application ==

Many applications of Gorman polar form are summarized in various texts and in Honohan and Neary's article cited at the end of this article. These applications include the ease of estimation of <math>f \left ^i(p \right )</math> and <math>g \left (p \right )</math> in certain cases. But the most important application is for the theorist of economics, in that it allows a researcher to treat a society of utility-maximizing individuals as a single individual. In other words, under these conditions a community [[indifference curve|indifference mapping]] is guaranteed to exist.

== References ==