contract curve

简明释义

契约曲线

英英释义

例句

1.To maximize utility, consumers should aim to reach the contract curve in their consumption choices.

为了最大化效用，消费者应在消费选择中努力达到契约曲线。

2.When analyzing trade-offs, it's essential to understand where the contract curve lies on the graph.

在分析权衡时，理解图表上契约曲线的位置至关重要。

3.The contract curve can help determine the best possible outcome for both parties in a negotiation.

契约曲线可以帮助确定谈判中双方的最佳可能结果。

4.In a simple model, the contract curve shows all points of Pareto efficiency.

在一个简单模型中，契约曲线显示了所有帕累托效率的点。

5.In economics, the contract curve refers to the set of efficient allocations in a two-good economy.

在经济学中，契约曲线指的是在一个双商品经济中有效配置的集合。

作文

In the realm of economics, particularly in the study of general equilibrium theory, the term contract curve refers to a crucial concept that helps us understand how resources are allocated efficiently between two parties. The contract curve represents all the efficient allocations of goods between two individuals who are trading with each other. In simpler terms, it is the locus of points in an Edgeworth box where both parties can maximize their utility without making anyone worse off. This concept is essential for analyzing how different distributions of resources can lead to varying levels of satisfaction among individuals.To illustrate the idea of the contract curve, consider two individuals, Alice and Bob, who are trading apples and oranges. Each person has a different preference for these fruits. The contract curve would be drawn within the Edgeworth box that represents the combinations of apples and oranges that Alice and Bob can trade. The points on this curve indicate the allocations where neither Alice nor Bob can improve their situation without reducing the other's utility. Therefore, the contract curve is not just a theoretical construct; it has practical implications in understanding market dynamics and negotiations.The significance of the contract curve extends beyond simple trading scenarios. It also plays a vital role in understanding broader economic systems and the efficiency of resource distribution. For instance, when multiple parties are involved in a market, the contract curve helps economists analyze how competitive markets can lead to Pareto efficiency, where no individual can be made better off without making someone else worse off. This principle is fundamental in welfare economics, as it provides insights into the optimal allocation of resources in society.Moreover, the contract curve can also be used to assess the impact of government policies on market efficiency. By examining how policies alter the positions of the contract curve, economists can determine whether such interventions lead to improvements or detriments in social welfare. For example, if a government imposes a tax on one good, it may shift the contract curve, affecting the trade-offs between goods and ultimately changing the utility levels of consumers.In conclusion, the concept of the contract curve is integral to the field of economics, particularly in understanding how individuals interact in markets to achieve efficient outcomes. By visualizing the contract curve within an Edgeworth box, we can comprehend the trade-offs and preferences of different parties, leading to a better understanding of resource allocation and market dynamics. As we continue to explore the complexities of economic interactions, the contract curve will remain a foundational element in our analysis of efficiency and welfare in various economic environments.

在经济学领域，特别是在一般均衡理论的研究中，术语contract curve指的是一个重要的概念，帮助我们理解资源如何在两个交易方之间有效分配。contract curve代表了两个人在相互交易时所有有效的商品分配。在更简单的术语中，它是一个边界盒中点的轨迹，在这些点上双方都可以最大化他们的效用，而不使任何人变得更糟。因此，contract curve不仅仅是一个理论构造；它在理解市场动态和谈判中具有实际意义。为了说明contract curve的概念，考虑两个个体，爱丽丝和鲍勃，他们在交易苹果和橘子。每个人对这些水果有不同的偏好。contract curve将在表示爱丽丝和鲍勃可以交易的苹果和橘子的组合的边界盒中绘制。曲线上的点表示在这些分配下，爱丽丝和鲍勃都无法改善自己的状况而不降低对方的效用。因此，contract curve不仅仅是一个理论构造；它在理解市场动态和谈判中具有实际意义。contract curve的重要性超出了简单的交易场景。它在理解更广泛的经济系统和资源分配的效率中也发挥着至关重要的作用。例如，当多个参与者涉及市场时，contract curve帮助经济学家分析竞争市场如何导致帕累托效率，即没有个人可以在不使他人更糟的情况下变得更好。这一原则在福利经济学中是基础，因为它提供了对社会资源最佳分配的深入见解。此外，contract curve还可以用于评估政府政策对市场效率的影响。通过检查政策如何改变contract curve的位置，经济学家可以确定这种干预是否会改善或损害社会福利。例如，如果政府对一种商品征税，可能会移动contract curve，影响商品之间的权衡，并最终改变消费者的效用水平。总之，contract curve的概念对于经济学领域至关重要，特别是在理解个人如何在市场中互动以实现有效结果方面。通过在边界盒中可视化contract curve，我们可以理解不同方的权衡和偏好，从而更好地理解资源分配和市场动态。随着我们继续探索经济互动的复杂性，contract curve将始终是我们分析各种经济环境中的效率和福利的基础元素。