Mathematical utility theory and the representability of demand by continuous homogeneous functions
Articolo
Data di Pubblicazione:
2006
Abstract:
The resort to utility-theoretical issues will permit us to propose a
constructive procedure for deriving a homogeneous of degree one continuous
function that gives raise to a primitive demand function under suitably mild
conditions. This constitutes the first self-contained and elementary proof of a
necessary and sufficient condition for an integrability problem to have a solution by
continuous (subjective utility) functions.
constructive procedure for deriving a homogeneous of degree one continuous
function that gives raise to a primitive demand function under suitably mild
conditions. This constitutes the first self-contained and elementary proof of a
necessary and sufficient condition for an integrability problem to have a solution by
continuous (subjective utility) functions.
Tipologia CRIS:
1.1 Articolo in rivista
Keywords:
revealed preference; integrability of demand; strong axiom of homothetic revelation
Elenco autori:
Alcantud, J. C. R.; Bosi, G; RODRIGUEZ PALMERO, C; Zuanon, Magali Ernestine
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