CONDITIONAL DEMAND FUNCTIONS AND THE IMPLICATIONS OF SEPARABLE UTILITY.
The purpose of this paper is to derive and explain the implications for consumer behavior of the three principal separability hypotheses: the utility tree, block additivity and additivity.[1] Although most of the results are not new, this paper does more than summarize known results and collect them...
| Published in: | Southern Economic Journal Vol. 37; no. 4; pp. 423 - 434 |
|---|---|
| Main Author: | |
| Format: | Article |
| Published: |
Wiley-Blackwell
Apr71
|
| Subjects: | |
| Online Access: | View this record in EBSCOhost |