Unification Theorem for the Two Basic Dualities of Homothetic Demand Theory
When income elasticities of demand are all unity, every dollar being spent in the same proportions at all levels of income, a homogeneous-first-degree, concave utility function exists to serve as an unequivocal measure of real output. Dual to it, and with identical concavity and homogeneity properti...
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| Udgivet i: | Proc Natl Acad Sci U S A |
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| Hovedforfatter: | |
| Format: | Artigo |
| Sprog: | Inglês |
| Udgivet: |
National Academy of Sciences
1972
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| Fag: | |
| Online adgang: | https://ncbi.nlm.nih.govhttps://pmc.ncbi.nlm.nih.gov/articles/PMC427013/ https://ncbi.nlm.nih.govhttps://pubmed.ncbi.nlm.nih.gov/16592015/ https://ncbi.nlm.nih.govhttps://doi.org/10.1073/pnas.69.9.2673 |
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