Figure · FIG:economics-and-market-foundations/price-control-welfare-ledger

A price-control conclusion needs two ledgers

A deterministic comparison of verified market model calculations with the incidence, accounting, distribution, and institutional evidence they do not supply.

Updated Aug 7, 2026 Review due Nov 7, 2026
Bindingness, quantity gaps, welfare components, deadweight loss, accounting effects, and recommendations require different records.
Detailed visual description

The table first compares a ceiling or floor with equilibrium, then computes demand, supply, imbalance, and short-side trade. Consumer and producer surplus use the same traded quantity, and deadweight loss reconciles total surplus rather than component transfers. A separate evidence ledger records legal scope, allocation, effective costs, production, inventory, transactions, distribution, external effects, rights, accounting recognition, alternatives, authority, and uncertainty.

Review apparatus

Visual provenance and review

Technique
deterministic svg
Role
explanatory
Review state
candidate
Rights
CC0-1.0 · Project-authored deterministic teaching diagram

Review notes

  • Deterministic first pass; inspect screen, narrow viewport, and grayscale print legibility before acceptance.
  • The two-ledger structure is the house pattern for quantitative model closure beside open evidence and judgment questions.
  • The 780 by 724 preview was inspected on 2026-08-07; the two evidence columns remain balanced, row labels scan quickly, and long institutional notes wrap without collision or low-contrast crowding.