Download Aggregation, Consumption and Trade: Essays in Honor of H.S. by Louis Philips, Lester D. Taylor (auth.), Louis Phlips, PDF

By Louis Philips, Lester D. Taylor (auth.), Louis Phlips, Lester D. Taylor (eds.)

During this testomony to the prestigious occupation of H.S. Houthakker a couple of Professor Houthakker's associates, former colleagues and previous scholars supply essays which construct upon and expand his many contributions to economics in aggregation, intake, progress and alternate. one of many special members are Paul Samuelson, Werner Hildenbrand, John Muellbauer and Lester Telser. The publication additionally comprises 4 formerly unpublished papers and notes via its exotic dedicatee.

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Additional info for Aggregation, Consumption and Trade: Essays in Honor of H.S. Houthakker

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Hildenbrand, W. (1983), "On the 'Law of Demand,'" Econometrica, Vol. 51, pp. 997 - 1019. Hildenbrand, W. (1989), "Facts and Ideas in Microeconomic Theory," European Economic Review, Vol. 33, pp. 251 - 276. Hildenbrand, K. and W. K. Family Expenditure Survey," in Hildenbrand W. and' A. ), Contributions to Mathematical Economics, in Honor 0/ Gerard Debreu, North-Holland, Amsterdam, pp. 247 - 268. Hildenbrand, W. (1991), "Two Essays on Market Demand" (forthcoming). S. (1953), "La Forme des Courbes d'Engel," Cahiers du seminaire d'Econometrie, Vol.

Substitution increases price sensitivity. The effect of complementarity consists of two components of opposite sign, so an a priori conclusion is not possible. Complementarity increases the income sensitivity. The effect of substitution can turn a positive effect of income into a negative one. In general, however, the consequences of substitution on income effects are not a priori unambiguous. The income effects depend just as much on the own nature of the good as on its interactions with other goods.

P. (1971), "Preference and Demand Interactions Between Commodities," Schaarste en Welvaart, Opstellen aangeboden aan Prof. dr. P. Hennipman, Stenfert Kroese, Leiden, 1971. P. (1974), "Complete Systems of Demand Equations: Some Thoughts about Aggregation and Functional Form," Recherches Economiques de Louvain, Vol. 40 (1974), pp. 1 - 18. P. J. -F. A. ), Elsevier, Amsterdam, pp. 328 - 349. P. and L. Bettendorf (1989), "Price Formation of Fish: An Application of an Inverse Demand System," European Economic Review, Vol.

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