A Quadratic Inverse Demand System
We derive a (quadratic) inverse demand system (IQUAIDS), that generalizes the (almost ideal) inverse demand system. We discuss how the assumptions of separability and concavity can be simultaneously accommodated within the model, thus giving a (locally) separable and concave quadratic demand system. An empirical application is provided for illustrative purposes.
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- Moschini, Giancarlo, 1998. "The semiflexible almost ideal demand system," European Economic Review, Elsevier, vol. 42(2), pages 349-364, February.
- Giancarlo Moschini & Daniele Moro & Richard D. Green, 1994.
"Maintaining and Testing Separability in Demand Systems,"
American Journal of Agricultural Economics,
Agricultural and Applied Economics Association, vol. 76(1), pages 61-73.
- Moschini, GianCarlo & Moro, D. & Green, Richard D., 1994. "Maintaining and Testing Separability in Demand Systems," Staff General Research Papers Archive 11247, Iowa State University, Department of Economics.
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- Moschini, GianCarlo & Vissa, A., 1992. "Linear Inverse Demand System, A," Staff General Research Papers Archive 11250, Iowa State University, Department of Economics.
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- Moschini, GianCarlo, 1998. "Semiflexible Almost Ideal Demand System, The," Staff General Research Papers Archive 1193, Iowa State University, Department of Economics. Full references (including those not matched with items on IDEAS)
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