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A generalization of the expenditure function

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  • Noé Biheng

    (CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique, PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement)

Abstract

We consider a generalized expenditure function and the associated Hicksian demand. First, we provide some economic interpretation of the problem that we study. Then, we study different properties of the solution: existence, Lipschitz behavior and differential properties. We conclude by a Slutsky-type property.

Suggested Citation

  • Noé Biheng, 2014. "A generalization of the expenditure function," Post-Print halshs-01143222, HAL.
    • Handle: RePEc:hal:journl:halshs-01143222
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-01143222
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    References listed on IDEAS

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    1. Biheng, Noé & Bonnisseau, Jean-Marc, 2015. "Regular economies with ambiguity aversion," Journal of Mathematical Economics, Elsevier, vol. 59(C), pages 24-36.
    2. Jean-Jacques Laffont, 1988. "Fundamentals of Public Economics," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262121271, December.
    3. Mas-Colell, Andreu & Whinston, Michael D. & Green, Jerry R., 1995. "Microeconomic Theory," OUP Catalogue, Oxford University Press, number 9780195102680.
    4. Rader, J Trout, 1973. "Nice Demand Functions," Econometrica, Econometric Society, vol. 41(5), pages 913-935, September.
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