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A tale of two cities and a Giffen good

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  • Rod Garratt

Abstract

A scenario is provided in which a house in Eden Mills, Ontario, is a Giffen good. The conditions derived in the example apply to other indivisible goods as well.

Suggested Citation

  • Rod Garratt, 2005. "A tale of two cities and a Giffen good," Canadian Journal of Economics, Canadian Economics Association, vol. 38(1), pages 49-56, February.
  • Handle: RePEc:cje:issued:v:38:y:2005:i:1:p:49-56
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    Cited by:

    1. Yochanan Shachmurove & Janusz Szyrmer, 2011. "Sir Robert Giffen Meets Russia in Early 1990s," PIER Working Paper Archive 11-020, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.

    More about this item

    JEL classification:

    • D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory

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