Price Dependent Preferences.
This article discusses the implications of price dependent preferences on individual demand behavior. When market prices and normal prices are treated as distinct and independent variables, the resulting model is extremely tractable. I introduce the market price demand functions in Section I. They...
| Published in: | American Economic Review Vol. 67; no. 2; pp. 64 - 76 |
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| Format: | Article |
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American Economic Association
Mar1977
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| Subjects: | |
| Online Access: | View this record in EBSCOhost |