substitution bias

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English - Turkish
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English - English
(Ekonomi) Substitution bias describes a bias in economics index numbers arising from tendency to purchase inexpensive alternatives for expensive items when prices change
substitution bias

    Hyphenation

    sub·sti·tu·tion bi·as

    Turkish pronunciation

    sʌbstîtuşın bayıs

    Pronunciation

    /ˌsəbstəˈto͞osʜən ˈbīəs/ /ˌsʌbstɪˈtuːʃən ˈbaɪəs/
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