ω-Homothetic Preferences: Theory and Applications.

This paper develops a new class of homothetic preferences which generate Marshallian demand curves for individual goods which can be concave, convex or linear in own price under the assumption that agents treat aggregate price indices as given (as in Dixit-Stiglitz, 1977). The preferences are repres...

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Bibliographic Details

Published in:	Scottish Journal of Political Economy Vol. 48; no. 2
Main Authors:	Datta, Bipasa, Dixon, Huw
Format:	Article
Published:	Wiley-Blackwell May2001
Subjects:	Demand function Elasticity (Economics) Duopolies Neoclassical school of economics
Online Access:	View this record in EBSCOhost