The nonconcavity of money-metric utility: A new formulation and proof
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References listed on IDEAS
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More about this item
KeywordsMoney metric; Expenditure function; Least-concave representation;
- D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
- C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
- D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
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