A flexible multistage demand system based on indirect separability.
The notion of indirect separability is exploited to derive a new multistage demand system. The model allows a consistent parameterization of demand relations at various budgeting stages and it fulfills the requirement of flexibility while satisfying separability globally. Two propositions are derive...
| Publicado en: | Southern Economic Journal Vol. 68; no. 1; pp. 22 - 42 |
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| Formato: | Artículo |
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Southern Economic Association
July 2001
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| Acceso en línea: | Ver este registro en EBSCOhost |