Understanding preferences: “Demand types”, and the existence of equilibrium with indivisibilities
An Equivalence Theorem between geometric structures and utility functions allows new methods for understanding preferences. Our classification of valuations into “Demand Types” incorporates existing definitions (substitutes, complements, “strong substitutes,” etc.) and permits new ones. Our Unimodul...
Main Authors: | Baldwin, E, Klemperer, P |
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Format: | Journal article |
Published: |
Econometric Society
2019
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