Quality of Life and Living Standards Analysis

4 Microeconometric Analysis of Quality of Life and Living Standards

18	This section contains the results obtained in the framework funded by the grant RHF №10-02-00633a Econometric analysis of the typology of consumer behaviour of Russian households”.
19	Characters here P{A} and P{A/B} here and below denote, respectively, the probability of a random event A and the conditional probability of a random event A, provided that there is (was) the event B. Note that in the statement of hypothesis (E), the value must be clearly positive and sufficiently small.
20	If a specific number y(1),y(2),…,y(m) goods consumed by the family is expressed in monetary terms, it is clear that we must have p(1) = p(2)= … p(m) = 1
21	Points C(t1′, t2′, …, t′