The theory of household behaviour under rationing
This paper simplifies and extends the theory of household behaviour under rationing, using duality and the concept of ‘virtual’ prices. Slutsky-type equations, decomposing the derivatives of the rationed demand functions into income and substitution effects, are derived, and these derivatives are re...
| Main Authors: | , |
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| Format: | Journal article |
| Language: | English |
| Published: |
North-Holland Publishing Company
1980
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| Subjects: |