The uncompensated law of demand: a `revealed preference' approach

DOI10.1016/j.econlet.2017.01.010zbMath1395.91288OpenAlexW2571762602MaRDI QIDQ1672876

William D. A. Bryant, Edwin Franks

Publication date: 11 September 2018

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2017.01.010

zbMATH Keywords

monotoneobservablesinverse demandGiffen commodity vectorGiffen price vectoruncompensated law of demand

Mathematics Subject Classification ID

Utility theory (91B16) Individual preferences (91B08) Consumer behavior, demand theory (91B42)

Related Items (1)

The uncompensated law of demand in an exchange economy

Cites Work

• A strictly-concave, non-spliced, Giffen-compatible utility function
• Violation of the law of demand
• The Monotonicity of Individual and Market Demand
• The Law of Demand and Risk Aversion
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