Lattice-Theoretic Foundations of the Consumer's Problem
AbstractThis paper provides an introduction to and discussion of the application of lattice-theoretic methods to classic problems in consumer theory. General characterizations of income effects with two goods, and with an arbitrary number of goods, as well as examples of comparative statics over densities and consumer types are also presented.
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Bibliographic InfoPaper provided by University of Copenhagen. Department of Economics in its series Discussion Papers with number 02-07.
Length: 40 pages
Date of creation: Sep 2002
Date of revision:
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consumer's problem; income effects; lattice programming; super-extremal;
Find related papers by JEL classification:
- C00 - Mathematical and Quantitative Methods - - General - - - General
- D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
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