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|Title:||Characterizing demand functions with price dependent income||Authors:||Aloqeili, Marwan||Keywords:||Demand functions (Economic theory);Utility theory.;Demand functions (Economic theory);Microeconomics - Mathematical models||Issue Date:||Mar-2014||Publisher:||ResearchGate||Abstract:||We consider the demand function of consumer whose wealth depends on prices. This extends the two traditional cases when the consumer holds a goods bundle, so that his wealth depends linearly on prices, and when his wealth is prescribed, independently of prices. We extend the Slutsky relations to this general case, and we show that they fully characterize the demand functions, as in the traditional cases||URI:||http://hdl.handle.net/20.500.11889/4029|
|Appears in Collections:||Fulltext Publications|
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