The ALEP Definition of Complementarity and Least Concave Utility Functions
AbstractThe use of least concave utility functions describing a given concavifiable preference relation is suggested for determining the complementary vis-a-vis substitute nature of a pair of commodities.
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Bibliographic InfoPaper provided by Cowles Foundation for Research in Economics, Yale University in its series Cowles Foundation Discussion Papers with number 527.
Length: 5 pages
Date of creation: Jun 1979
Date of revision:
Publication status: Published in Journal of Economic Theory (February 1980), 22(1): 115-117
Note: CFP 515.
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Postal: Cowles Foundation, Yale University, Box 208281, New Haven, CT 06520-8281 USA
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Chipman, John S., 1977. "An empirical implication of Auspitz-Lieben-Edgeworth-Pareto complementarity," Journal of Economic Theory, Elsevier, vol. 14(1), pages 228-231, February.
- Samuelson, Paul A, 1974. "Complementarity-An Essay on the 40th Anniversary of the Hicks-Allen Revolution in Demand Theory," Journal of Economic Literature, American Economic Association, vol. 12(4), pages 1255-89, December.
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