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Full Rank Rational Demand Systems

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  • LaFrance, Jeffrey T
  • Pope, Rulon D.

Abstract

We extend the set of full rank nominal and deflated income demand systems to rational demand systems of any rank and present a unifying expression for the indirect preferences of all full rank demand models.

Suggested Citation

  • LaFrance, Jeffrey T & Pope, Rulon D., 2006. "Full Rank Rational Demand Systems," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt8qx7n6p9, Department of Agricultural & Resource Economics, UC Berkeley.
  • Handle: RePEc:cdl:agrebk:qt8qx7n6p9
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    References listed on IDEAS

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    3. Moshiri, Saeed & Martinez Santillan, Miguel Alfonso, 2018. "The welfare effects of energy price changes due to energy market reform in Mexico," Energy Policy, Elsevier, vol. 113(C), pages 663-672.
    4. Fally, Thibault, 2022. "Generalized separability and integrability: Consumer demand with a price aggregator," Journal of Economic Theory, Elsevier, vol. 203(C).

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