Is utility additive? Further evidence
This paper investigates the question of additive structure of the utility function using the data for nine broad commodity groups from 45 countries. Further evidence is presented in support of the preference independent utility structure.
Volume (Year): 37 (2005)
Issue (Month): 1 ()
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- Kenneth Clements & Wana Yang & Simon Zheng, 1997. "Is utility additive? The case of alcohol," Applied Economics, Taylor & Francis Journals, vol. 29(9), pages 1163-1167.
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