A class of utility functions yielding linear demand functions.
Focuses on linear demand functions as a form for deriving properties of economic models. Use of linear demand functions in microeconomic textbooks to demonstrate different properties of demand; Adoption of linearity assumption for analytical convenience; Derivation of the utility function.
| Publicado en: | American Economist Vol. 40; no. 1; pp. 20 - 24 |
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| Autores principales: | , |
| Formato: | Artículo |
| Publicado: |
Sage Publications Inc.
Spring96
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| Sumario: | Focuses on linear demand functions as a form for deriving properties of economic models. Use of linear demand functions in microeconomic textbooks to demonstrate different properties of demand; Adoption of linearity assumption for analytical convenience; Derivation of the utility function. |
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