The uncompensated law of demand in an exchange economy

DOI10.1016/J.ECONLET.2018.04.026zbMATH Open1397.91345OpenAlexW2800858250WikidataQ129971749 ScholiaQ129971749MaRDI QIDQ1787622FDOQ1787622

Authors: Edwin Franks, William D. A. Bryant 

Publication date: 5 October 2018

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2018.04.026

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zbMATH Keywords

exchange economyinverse demandGiffen commodity vectorGiffen price vectoruncompensated law of demandSlutsky condition

Mathematics Subject Classification ID

Consumer behavior, demand theory (91B42)

Cites Work

• Microeconomic theory
• Is Giffen behaviour compatible with the axioms of consumer theory?
• A class of symmetric and quadratic utility functions generating Giffen demand
• Giffen behavior independent of the wealth level
• The last word on Giffen goods?
• Violation of the law of demand
• Title not available (Why is that?)
• The uncompensated law of demand: a `revealed preference' approach
• A child garden of concrete Giffen utility functions: a theoretical review

Cited In (3)

• A conditional demand approach to the Alchian-Allen effect
• The uncompensated law of demand: a `revealed preference' approach
• Violation of the law of demand

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