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THE THEORY OF HOUSEHOLD BEHAVIOUR UNDER RATIONING.

Discusses the theory of household behavior under rationing using duality and the concept of virtual prices. Relation of the derivatives of the rationed demand functions into income and substitution effects to derivatives of the unrationed demand functions for finite as well as infinitesimal ration...

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Published in:European Economic Review Vol. 13; no. 1; pp. 25 - 43
Main Authors: Neary, J.P., Roberts, K.W.S.
Format: Article
Published: Elsevier B.V. Jan1980
Subjects:
Rationing
Duality theory (Mathematics)
Demand function
Keynesian economics
Multiplier (Economics)
Online Access:View this record in EBSCOhost