Rational demand and expenditures patterns under habit formation

DOI10.1016/0022-0531(83)90019-4zbMath0519.90018OpenAlexW1999632432MaRDI QIDQ1054628

Marcel Boyer

Publication date: 1983

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0022-0531(83)90019-4

zbMATH Keywords

stability analysisdynamic rationalityhabit formulationlong-run consumer behaviorreduced utility function

Mathematics Subject Classification ID

Utility theory (91B16) Group preferences (91B10)

Related Items (5)

Habit persistence, heterogeneous tastes, and imperfect competition ⋮ On history-dependent optimization models: a unified framework to analyze models with habits, satiation and optimal growth ⋮ Intertemporal versus spatial externalities in counterterror policy games ⋮ Intertemporal monopolistic pricing of non-durables ⋮ Petrarch'scanzoniere:Rational addiction and amorous cycles

Cites Work

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• Habit formation and long-run utility functions
• A Habit Forming Optimal Growth Model
• Expenditure, Savings and Habit Formation
• Optimal Saving Programs under Intertemporally Dependent Preferences
• Stationary Utility and Time Perspective
• Optimal Growth with Intertemporally Dependent Preferences

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