Single Peakedness and Giffen Demand

Single Peakedness and Giffen Demand

I provide a simple example of a single peaked utility function that generates a Giffen demand. The utility function is smooth, non piecewise defined, strictly concave but not globally increasing. A full characterization of the parameter conditions under which the Giffen demand arises is provided. In...

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書目詳細資料
主要作者:	LANDI, Massimiliano
格式:	text
語言:	English
出版:	Institutional Knowledge at Singapore Management University 2012
主題:	Giffen behavior Utility function Single peakedness Expenditure share Economic Theory
在線閱讀:	https://ink.library.smu.edu.sg/soe_research/1324 https://ink.library.smu.edu.sg/context/soe_research/article/2323/viewcontent/Giffeng_refv3.pdf
標簽:	添加標簽沒有標簽, 成為第一個標記此記錄!
機構:	Singapore Management University
語言:	English

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