Crux elasticity might be better phrased as ‘crux sensitivity’. There is a large literature on Sensitivity Analysis, which gets at how much a change in a given input changes an output.
I’d wager saying ‘my most sensitive crux is X’ gets the meaning across with less explanation, whereas elasticity requires some background econ knowledge.
Crux elasticity might be better phrased as ‘crux sensitivity’. There is a large literature on Sensitivity Analysis, which gets at how much a change in a given input changes an output.
I’d wager saying ‘my most sensitive crux is X’ gets the meaning across with less explanation, whereas elasticity requires some background econ knowledge.
ohh, this is great — agreed on all fronts. thanks shri!