The Variate Difference Method: A Reply
变量差分法:回应
(1) MR. HAAVELMO' contends that the variate difference method is not applicable to certain dynamic economic schemes, as, e.g., the cobweb theorem. It never has been claimed that this is the case, and the author has pointed out very carefully in his monograph2 that the variate difference method deals only with superimposed random variation. A more extensive discussion of the general problem of the role of errors in economics is to be found in a short article published in the…