Demand and equilibrium with inferior and Giffen behaviors

DOI10.1016/J.MATHSOCSCI.2019.11.005zbMATH Open1437.91263OpenAlexW2938025564MaRDI QIDQ2173170FDOQ2173170

Authors: Cuong Le Van, Ngoc-Sang Pham 

Publication date: 22 April 2020

Published in: Mathematical Social Sciences (Search for Journal in Brave)

Full work available at URL: https://mpra.ub.uni-muenchen.de/92709/1/MPRA_paper_92709.pdf

Recommendations

• On the definitions of Giffen and inferior goods
• Giffen Behavior Independent of the Wealth Level
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zbMATH Keywords

inferior goodGiffen goodequilibrium price

Mathematics Subject Classification ID

Utility theory (91B16) Consumer behavior, demand theory (91B42)

Cites Work

• Microeconomic theory
• A strictly-concave, non-spliced, Giffen-compatible utility function
• New insights into the theory of Giffen goods
• Giffen behavior independent of the wealth level
• Simple utility functions with Giffen demand
• The last word on Giffen goods?

Cited In (13)

• On the definitions of Giffen and inferior goods
• A class of indirect utility functions predicting Giffen behaviour
• Is Giffen behaviour compatible with the axioms of consumer theory?
• A class of symmetric and quadratic utility functions generating Giffen demand
• Giffen Demand for Several Goods
• Giffen Behavior Independent of the Wealth Level
• A child garden of concrete Giffen utility functions: a theoretical review
• Effects of wariness on economic growth in overlapping generations models
• On inferior inputs and marginal returns
• Giffen behavior independent of the wealth level
• Simple utility functions with Giffen demand
• Demand-flow of agents with gross-substitute valuations
• Giffen goods and market making

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