Price uncertainty and consumer welfare in an intertemporal setting

DOI10.1016/J.JEDC.2003.02.001MaRDI QIDQ953688zbMATH OpenOpenAlexFDO

Authors Shawn Ni, Neil Raymon

Publication date 6 November 2008

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL http://hdl.handle.net/10355/2746

zbMATH Keywords

consumer welfareintertemporal substitutionprice uncertaintyrisk aversion

Mathematics Subject Classification ID

Welfare economics (91B15) Consumer behavior, demand theory (91B42)

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Cites work

• A Note on Price Stability and Consumer's Welfare
• A time series analysis of representative agent models of consumption and leisure choice under uncertainty
• Consumer's Surplus, Price Instability, and Consumer Welfare
• Generalized Instrumental Variables Estimation of Nonlinear Rational Expectations Models
• Precautionary Savings and the Permanent Income Hypothesis
• Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns: A Theoretical Framework

Cited in

(6)

• Price expectations and cobwebs under uncertainty
• Subtle price discrimination and surplus extraction under uncertainty
• A Note on Price Stability and Consumer's Welfare
• On the welfare cost of consumption fluctuations in the presence of memorable goods
• Price uncertainty, saving, and welfare
• Heterogeneous beliefs, price dispersion, and welfare-improving price controls

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