The Demand Curves from a Quadratic Utility Indicator.
Whereas Houthakker's capacity method in quadratic programming is an ideal method to derive the quantity-income Engel curves, this note shows that his method, with a few modifications, can be used also in the derivation of the quantity-price demand curves. The paper is self-contained if the statement...
| Publicado en: | Review of Economic Studies Vol. 35; no. 2; pp. 209 - 225 |
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| Formato: | Artículo |
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Oxford University Press / USA
Apr68
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=hlh&AN=4619023&site=ehost-live header: @attributes: shortDbName: hlh uiTerm: 4619023 longDbName: Humanities International Complete uiTag: AN controlInfo: bkinfo: jinfo: jid: 00346527 REM jtl: Review of Economic Studies issn: 00346527 maglogo: N pubinfo: dt: Apr68 vid: 35 iid: 2 pid: 622 pub: Oxford University Press / USA artinfo: ui: 4619023 10.2307/2296549 ppf: 209 ppct: 16 formats: tig: atl: The Demand Curves from a Quadratic Utility Indicator. aug: au: Wegge, L.L. affil: University of California su: Consumer behavior Demand function Quadratic programming Supply & demand Capacity theory (Mathematics) Utility theory Consumption (Economics) Econometric models Economics education sug: subj: Consumer behavior Demand function Quadratic programming Supply & demand Capacity theory (Mathematics) Utility theory Consumption (Economics) Econometric models Economics education ab: Whereas Houthakker's capacity method in quadratic programming is an ideal method to derive the quantity-income Engel curves, this note shows that his method, with a few modifications, can be used also in the derivation of the quantity-price demand curves. The paper is self-contained if the statement of the Kuhn-Tucker-Lagrange conditions and the mnemonic property of the condensed pivotal method may be assumed to be proved. The direct purpose of this note is to set and solve an exercise in the theory of consumer's behaviour. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: Y dt: @attributes: year: 1968 holdings: @attributes: islocal: N |
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