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A note on the endogeneity of the price of utility within the consumer’s static profit function

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  • Robert Sproule

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  • Robert Sproule, 2010. "A note on the endogeneity of the price of utility within the consumer’s static profit function," Journal of Economics, Springer, vol. 101(2), pages 185-191, October.
    • Handle: RePEc:kap:jeczfn:v:101:y:2010:i:2:p:185-191
    DOI: 10.1007/s00712-010-0143-2
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    References listed on IDEAS

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    1. Cornes,Richard, 1992. "Duality and Modern Economics," Cambridge Books, Cambridge University Press, number 9780521336017.
    2. 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.
    3. 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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    Cited by:

    1. 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.

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    More about this item

    Keywords

    Utility function; Value function; Envelope theorem; Frischian profit function; Price of utility; D10; D60;
    All these keywords.

    JEL classification:

    • D10 - Microeconomics - - Household Behavior - - - General
    • D60 - Microeconomics - - Welfare Economics - - - General

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