A Note on Generating Globally Regular Indirect Utility Functions
Despite their scarcity in the literature, an abundance of globally regular indirect utility functions, involving as many parameters as desired, exist and are easily constructed as a function of simple homothetic component utilities.
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Volume (Year): 7 (2007)
Issue (Month): 1 (January)
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- Caves, Douglas W & Christensen, Laurits R, 1980. "Global Properties of Flexible Functional Forms," American Economic Review, American Economic Association, vol. 70(3), pages 422-432, June.