The monotonicity of individual and market demand.

This paper studies the monotonicity of individual and market demand with the aid of the indirect utility function. We identify sufficient (and in a sense, necessary) conditions on an agent's indirect utility which will guarantee that he has a monotonic demand function. Our conditions also point to...

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Publicado en:	Econometrica Vol. 68; no. 4; pp. 911 - 931
Autor principal:	Quah, John K.-H.
Formato:	Artículo
Publicado:	Wiley-Blackwell July 2000
Materias:	Mathematical models of economics Substitution (Economics) Utility theory Mathematical models of income distribution Marginal utility Economic demand Mathematical models
Acceso en línea:	Ver este registro en EBSCOhost