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