Please use this identifier to cite or link to this item: http://hdl.handle.net/20.500.11889/4029
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
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