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Note on Edgeworth’s Taxation Phenomenon and Professor Garver’s Additional Condition on Demand Functions

In: The Collected Economics Articles of Harold Hotelling

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  • Harold Hotelling

    (Columbia University)

Abstract

In a recent paper1 I derived for demand functions for n commodities conditions which, I concluded, assure the satisfaction of all further conditions which may reasonably be applied to all sets of demand functions. Letting p1, p2, … p n , and q1, q2, …, q n be respectively the prices and quantities, the conditions are: $$\frac{{\partial {p_i}}}{{\partial {q_j}}} = \frac{{\partial {p_j}}}{{\partial {q_i}}} 0,\frac{{\partial \left( {{p_i},{p_j}{p_k}} \right)}}{{\partial \left( {{q_i},{q_j},{q_k}} \right)}} 0,\frac{{\partial \left( {{q_i},{q_j},{q_k}} \right)}}{{\partial \left( {{p_i},{p_j},{p_k}} \right)}} apply for supply functions.

Suggested Citation

  • Harold Hotelling, 1990. "Note on Edgeworth’s Taxation Phenomenon and Professor Garver’s Additional Condition on Demand Functions," Springer Books, in: Adrian C. Darnell (ed.), The Collected Economics Articles of Harold Hotelling, pages 123-124, Springer.
    • Handle: RePEc:spr:sprchp:978-1-4613-8905-7_7
    DOI: 10.1007/978-1-4613-8905-7_7
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