Teiresias blurts out his accusation of Oedipus in anger, despite his resolution to "say nothing further," and then observes that he "spoke against his will." (34) Socrates must say that Teiresias's act results from lightning-fast, unconscious mismeasures of pleasure, but this seems implausible.
And just as philosophy inoculates against sophistry, so Socrates' proposed art of measurement (25) would prevent the mismeasure of pleasure.
They might agree that when people reason about what to do, they mismeasure pleasure some of the time.
Rather, they must be acting upon the sorts of reasons described by Socrates' mismeasure account.
However, in the context of the high-substitution economy described above, the Solow residual mismeasures
productivity [A.sub.t] even for the RBC case, since it does not take into consideration variable capital utilization.
But such large adoption costs imply that the Solow residual mismeasures
productivity growth: adoption costs are resource costs that represent an unmeasured investment.
In the context of business cycles analysis, it has been argued that Solow growth accounting systematically mismeasures
true changes in productivity because the underlying assumptions do not hold, namely that there are increasing returns to scale and that producers do not equate price to marginal cost (see Hall ).
Perhaps counterintuitively, there does not appear to be strong evidence that the market mismeasures
the value of new economy companies more than it does the value of old economy companies.
Book value sometimes, but not always, seriously mismeasures the market value of debt; this mismeasurement is associated with changes in bond-market yields.
Book values sometimes, but not always, seriously mismeasure market values of debt.
Like Marilyn Waring, Redefining Progress challenges the GDP and related accounting systems as gross mismeasures
of socio-economic well-being.
Initial experience and the informational capital changes over time, changes in the measured capital stock do not accurately reflect changes in the exact aggregate capital index, and the Solow residual mismeasures
true TFP growth.