Giffen behavior independent of the wealth level

DOI10.1007/S00199-008-0390-4MaRDI QIDQ836876zbMATH OpenOpenAlexFDO

Authors Junko Doi, Kazumichi Iwasa, Koji Shimomura

Publication date 9 September 2009

Published in Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/s00199-008-0390-4

zbMATH Keywords

utility functionGiffen behaviorexpenditure sharestandard of living

Mathematics Subject Classification ID

Utility theory (91B16) Welfare economics (91B15)

Recommendations

• Giffen Behavior Independent of the Wealth Level
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Cites work

• Indeterminacy in a dynamic two-country model
• Indeterminacy in the free-trade world
• Is Giffen behaviour compatible with the axioms of consumer theory?
• Simple utility functions with Giffen demand
• The last word on Giffen goods?

Cited in

(14)

• Prevention as a Giffen good
• On Giffen's paradox
• A dynamic two country Heckscher-Ohlin model with non-homothetic preferences
• Notes on some theories of Giffen behaviour
• A class of indirect utility functions predicting Giffen behaviour
• On Giffen-like goods
• On the definitions of Giffen and inferior goods
• Insurance and Giffen's paradox
• Demand and equilibrium with inferior and Giffen behaviors
• A note on effects of rational bubble on portfolios
• Giffen Behavior Independent of the Wealth Level
• A class of symmetric and quadratic utility functions generating Giffen demand
• A strictly-concave, non-spliced, Giffen-compatible utility function
• The uncompensated law of demand in an exchange economy

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