Index Number Problem

Discover the intriguing exploration of price indices in "Index Number Problem" by Sydney Afriat, published by Oxford University Press in 2014. This insightful hardback edition spans 236 pages and delves into the complexities of converting monetary amounts from one date to another accurately. The book tackles the longstanding question of how to construct a true price index, a critical issue in economics known as 'The Index Number Problem.' Afriat's comprehensive analysis provides readers with a deeper understanding of this essential concept, making it a valuable resource for economists, students, and anyone interested in the intricacies of economic measurements. Enhance your knowledge of index numbers and their applications in real-world scenarios by adding this essential title to your collection.