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...

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书目详细资料
Main Authors: Preston, I, Lechene, V
格式: Working paper
语言:English
出版: Department of Economics (University of Oxford) 2000