Departures from Slutsky symmetry in noncooperative household demand models
Maximisation of utility by a single consumer subject to a linear budget constraint is well known to imply strong restrictions on the properties of demand functions. Empirical applications to data on households however frequently reject these restrictions. In particular such data frequently show a fa...
| Hlavní autoři: | , |
|---|---|
| Médium: | Working paper |
| Vydáno: |
University of Oxford
2000
|