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...

Descrición completa

Detalles Bibliográficos
Main Authors: Lechene, V, Preston, I
Formato: Working paper
Publicado: University of Oxford 2000