Giffen's Paradox

简明释义

吉芬之谜

英英释义

Giffen's Paradox refers to a situation in economics where an increase in the price of a good leads to an increase in its quantity demanded, contrary to the basic law of demand.

吉芬悖论指的是一种经济现象,在这种情况下,某种商品的价格上涨反而导致其需求量增加,这与基本的需求法则相悖。

例句

1.Market analysts often study Giffen's Paradox 吉芬悖论 to understand consumer behavior in times of crisis.

市场分析师通常研究Giffen's Paradox 吉芬悖论以了解危机时期的消费者行为。

2.During the economic downturn, many people experienced Giffen's Paradox 吉芬悖论 when they continued to buy more staple foods despite rising prices.

在经济衰退期间,许多人经历了Giffen's Paradox 吉芬悖论,尽管价格上涨,他们仍然继续购买更多的主食。

3.Understanding Giffen's Paradox 吉芬悖论 helps economists explain why demand for certain goods can rise even when prices increase.

理解Giffen's Paradox 吉芬悖论有助于经济学家解释为什么某些商品的需求在价格上涨时仍然会增加。

4.The classic example of Giffen's Paradox 吉芬悖论 can be seen in the consumption of bread and rice among lower-income families.

在低收入家庭中,Giffen's Paradox 吉芬悖论的经典例子可以在面包和大米的消费中看到。

5.In a classroom discussion, the professor illustrated Giffen's Paradox 吉芬悖论 using the example of potatoes during a famine.

在课堂讨论中,教授用饥荒期间土豆的例子来说明Giffen's Paradox 吉芬悖论

作文

Giffen's Paradox is a fascinating economic phenomenon that challenges the basic principles of demand and supply. Named after the Scottish economist Sir Robert Giffen, this paradox illustrates a scenario where an increase in the price of a good leads to an increase in its quantity demanded, contrary to the law of demand. Typically, when prices rise, consumers tend to buy less of that good; however, in the case of Giffen goods, the opposite occurs. This situation often arises with inferior goods, which are products that people consume more of when their income decreases. To better understand Giffen's Paradox, let's consider the example of staple foods such as bread or rice in a low-income community. Imagine that the price of bread rises significantly due to a shortage caused by a poor harvest. For many families, bread is a primary source of sustenance. As the price increases, these families may find themselves unable to afford more expensive alternatives like meat or vegetables. Consequently, they may end up buying even more bread, despite its higher price, simply because they need to maintain their caloric intake. This behavior contradicts the traditional demand curve, where we would expect quantity demanded to decrease as prices rise. The implications of Giffen's Paradox extend beyond mere theoretical discussions in economics. Understanding this phenomenon can help policymakers and economists devise strategies to address poverty and food security. For instance, if a government is aware that a certain food item is a Giffen good, it might consider implementing price controls or subsidies to stabilize the market and ensure that low-income families have access to essential nutrition. Moreover, Giffen's Paradox highlights the complexity of consumer behavior and the importance of context in economic decision-making. It reminds us that not all goods behave according to standard economic theories. In real-world scenarios, various factors influence consumer choices, including cultural norms, availability of substitutes, and individual preferences. In conclusion, Giffen's Paradox serves as a compelling reminder of the intricacies of economic theory and human behavior. By examining this paradox, we gain deeper insights into how people respond to changes in prices and how those responses can sometimes defy conventional wisdom. Ultimately, understanding such phenomena is crucial for anyone involved in economics, policy-making, or social sciences, as it equips them with the knowledge to make informed decisions that can impact the lives of many individuals. In summary, Giffen's Paradox is not just an academic curiosity; it is a vital concept that sheds light on the behaviors of consumers in specific economic conditions. Recognizing the conditions under which this paradox occurs can lead to better economic policies and a more nuanced understanding of market dynamics.

吉芬悖论是一个引人入胜的经济现象,它挑战了需求和供给的基本原则。以苏格兰经济学家罗伯特·吉芬爵士的名字命名,这一悖论展示了一种情景:一种商品的价格上涨导致其需求量增加,这与需求法则相悖。通常情况下,当价格上涨时,消费者往往会减少对该商品的购买;然而,在吉芬商品的情况下,恰恰相反。这种情况通常出现在劣质商品上,即当人们的收入减少时,他们消费更多的产品。为了更好地理解吉芬悖论,我们可以考虑低收入社区中的主食,如面包或大米。例如,假设由于丰收不良导致面包价格大幅上涨。对于许多家庭来说,面包是主要的生存来源。随着价格的上涨,这些家庭可能发现自己无法负担更昂贵的替代品,如肉类或蔬菜。因此,他们可能会在价格更高的情况下购买更多的面包,仅仅因为他们需要维持卡路里的摄入。这种行为与传统的需求曲线相矛盾,我们本应预期随着价格上涨,需求量会减少。吉芬悖论的影响超出了经济学理论讨论的范畴。理解这一现象可以帮助政策制定者和经济学家制定应对贫困和食品安全的策略。例如,如果政府意识到某种食品是吉芬商品,它可能会考虑实施价格控制或补贴,以稳定市场并确保低收入家庭能够获得基本营养。此外,吉芬悖论强调了消费者行为的复杂性以及经济决策中的背景重要性。它提醒我们,并非所有商品都按照标准经济理论行事。在现实世界中,各种因素影响消费者选择,包括文化规范、替代品的可用性和个人偏好。总之,吉芬悖论是经济理论和人类行为复杂性的一个引人注目的提醒。通过研究这一悖论,我们深入了解人们如何对价格变化做出反应,以及这些反应有时如何违背传统智慧。最终,理解这种现象对任何参与经济学、政策制定或社会科学的人都是至关重要的,因为这使他们能够做出影响许多人生活的明智决策。总之,吉芬悖论不仅仅是一个学术上的好奇心;它是一个重要的概念,揭示了消费者在特定经济条件下的行为。认识到这一悖论出现的条件可以导致更好的经济政策和对市场动态更细致的理解。

相关单词

paradox

paradox详解:怎么读、什么意思、用法