Best Nonparametric Bounds on Demand Responses.

This paper uses revealed preference inequalities to provide the tightest possible (best) nonparametric bounds on predicted consumer responses to price changes using consumer-level data over a finite set of relative price changes. These responses are allowed to vary nonparametrically across the incom...

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Bibliographic Details
Main Authors: Blundell, R, Browning, M, Crawford, I
Format: Journal article
Language:English
Published: Wiley 2008