Giffen behavior independent of the wealth level
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References listed on IDEAS
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- Biederman, Daniel K., 2015. "A strictly-concave, non-spliced, Giffen-compatible utility function," Economics Letters, Elsevier, vol. 131(C), pages 24-28.
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More about this item
KeywordsGiffen behavior; Utility function; Standard of living; Expenditure share; D01; D11;
- D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
- D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
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