Cover Image
QR Code

The Distance Function in Consumer Behaviour with Applications to Index Numbers and Optimal Taxation.

Section 1 of the paper defines the distance function and discusses its properties. Particular attention is focused on the duality between the distance and cost functions and on the use of the former in deriving compensated inverse demand functions. These latter seem to have been first systematically...

Full description

Published in:Review of Economic Studies Vol. 46; no. 3; pp. 391 - 406
Main Author: Deaton, Angus
Format: Article
Published: Oxford University Press / USA Jul79
Subjects:
Cost
Econometrics
Consumer behavior
Consumers
Index numbers (Economics)
Utility theory
Taxation
Mathematical economics
Economics
Online Access:View this record in EBSCOhost