A Class of Symmetric and Quadratic Utility Functions Generating Giffen Demand

A Class of Symmetric and Quadratic Utility Functions Generating Giffen Demand

I provide a simple example of a quadratic utility function that generates a Giffen demand. The utility function is symmetric, increasing and concave. Interestingly, the Giffen effect arises in the subspace where the utility function is strictly increasing and strictly concave. A full characterizatio...

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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 2015
主題:	Economics Economic Theory
在線閱讀:	https://ink.library.smu.edu.sg/soe_research/1645 https://ink.library.smu.edu.sg/context/soe_research/article/2644/viewcontent/ClassSymmetricQuadraticGiffen_2015.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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