HAL will be down for maintenance from Friday, June 10 at 4pm through Monday, June 13 at 9am. More information
Skip to Main content Skip to Navigation
Journal articles

Demand and equilibrium with inferior and Giffen behaviors

Abstract : We introduce a class of differentiable, strictly increasing, concave utility functions exhibiting an explicit demand of a good which may have Giffen behavior. We provide a necessary and sufficient condition (based on prices and consumers’ preferences and income) under which this good is normal, inferior or Giffen. A general equilibrium analysis is also provided.
Document type :
Journal articles
Complete list of metadata

https://hal-paris1.archives-ouvertes.fr/hal-03261235
Contributor : Umr 8174 Centre d'Économie de la Sorbonne Connect in order to contact the contributor
Submitted on : Tuesday, June 15, 2021 - 3:24:16 PM
Last modification on : Friday, April 29, 2022 - 10:13:05 AM

Links full text

Identifiers

Citation

Cuong Le Van, Ngoc-Sang Pham. Demand and equilibrium with inferior and Giffen behaviors. Mathematical Social Sciences, Elsevier, 2020, 103, pp.45-50. ⟨10.1016/j.mathsocsci.2019.11.005⟩. ⟨hal-03261235⟩

Share

Metrics

Record views

22