A shiny app to visualize the Edgeworth Box | R-Bloggers

A shiny app to visualize the Edgeworth Box | R-Bloggers

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[This article was first published on pacha.dev/blog, and kindly contributed to R-bloggers]. (You can report problems here about the content on this page)


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I have one Small shiny app To visualize an Edgeervorth-Box with a contract curve for the 2 × 2 exchange model using COBB-Douglas aid programs.

The idea is that the user can change the parameters for the COBB-Douglas functions to see how the contract curve changes and how much the market balance (or the balras balance) shifts from the first allocation.

The initial end -insects for good 1 and 2 and the normalized price can also be changed.

Here is an example:

To carry out the app locally, the repository cloned https://github.com/pachadotdev/cobbdouglasge And then from Rstudio/VScode performs the following in the R console:

devtools::load_all()
run_app()

The basis for this demonstration was practice 15.b.2 from MWG.

I hope this is useful!


#shiny #app #visualize #Edgeworth #Box #RBloggers

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