A note on the endogeneity of the price of utility within the consumer’s static profit function
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References listed on IDEAS
- Browning, Martin & Deaton, Angus & Irish, Margaret, 1985. "A Profitable Approach to Labor Supply and Commodity Demands over the Life-Cycle," Econometrica, Econometric Society, vol. 53(3), pages 503-543, May.
- Cornes,Richard, 1992. "Duality and Modern Economics," Cambridge Books, Cambridge University Press, number 9780521336017.
- Cooper, Russel J. & McLaren, Keith R. & Wong, Gary K. K., 2001. "On the empirical exploitation of consumers' profit functions in static analyses," Economics Letters, Elsevier, vol. 72(2), pages 181-187, August.
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- Sproule, Robert, 2013. "A systematic analysis of the links amongst the Marshallian, Hicksian, and Frischian demand functions: A note," Economics Letters, Elsevier, vol. 121(3), pages 555-557.
More about this item
KeywordsUtility function; Value function; Envelope theorem; Frischian profit function; Price of utility; D10; D60;
- D10 - Microeconomics - - Household Behavior - - - General
- D60 - Microeconomics - - Welfare Economics - - - General
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