Abstract
Simple utility functions with the Giffen property are presented: locally, the demand curve for a good is upward sloping. The utility functions represent continuous, monotone, convex preferences
Original language | English |
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Journal | Economic Theory |
Volume | 31 |
Issue number | 2 |
Pages (from-to) | 367-370 |
ISSN | 0938-2259 |
DOIs | |
Publication status | Published - 2007 |
Keywords
- Faculty of Social Sciences
- preferences
- Giffen good