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On the Confirmation of the Law of Demand

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  • Philippe Mongin

    (CECO - Laboratoire d'econometrie de l'école polytechnique - CNRS : UMR7657 - Polytechnique - X)

Abstract

L'article rapporte la loi microéconomique de la demande aux thèses sur la confirmation empirique développées, respectivement, par Hempel et par Popper. Après avoir rappelé les bases hicksiennes de la théorie du consommateur et souligné que la loi n'y avait jamais fait l'objet d'un test rigoureux, il analyse la contribution novatrice d'Hildenbrand. Dans Market Demand (1994), celui-ci propose une dérivation logico-mathématique originale de la loi de la demande au marché, qui vise à rendre enfin possible un test de cette loi. L'article montre que la démarche d'Hildenbrand s'inscrit dans une perspective qui est néo-hempélienne, et non pas poppérienne, et il tire argument de cette étude même en faveur de la première contre la seconde.

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Bibliographic Info

Paper provided by HAL in its series Working Papers with number hal-00242978.

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Date of creation: 2005
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Handle: RePEc:hal:wpaper:hal-00242978

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  1. Haerdle,W. Hildenbrand,W. Jerison,M., 1988. "Empirical evidence on the law of demand," Discussion Paper Serie A 193, University of Bonn, Germany.
  2. John S. Chipman & Jean-Sébastien Lenfant, 2002. "Slutsky's 1915 Article: How It Came to Be Found and Interpreted," History of Political Economy, Duke University Press, vol. 34(3), pages 553-597, Fall.
  3. Hildenbrand, Werner, 1983. "On the "Law of Demand."," Econometrica, Econometric Society, vol. 51(4), pages 997-1019, July.
  4. Hicks, J. R., 1986. "A Revision of Demand Theory," OUP Catalogue, Oxford University Press, number 9780198285502.
  5. Martin Browning & P.A. Chiappori, 1996. "Efficient Intra-Household Allocations - A General Characterization and Empirical Tests," Discussion Papers 96-10, University of Copenhagen. Department of Economics.
  6. Blundell, Richard, 1988. "Consumer Behaviour: Theory and Empirical Evidence--a Survey," Economic Journal, Royal Economic Society, vol. 98(389), pages 16-65, March.
  7. George J. Stigler, 1947. "Notes on the History of the Giffen Paradox," Journal of Political Economy, University of Chicago Press, vol. 55, pages 152.
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