Vorliegende Sprache |
eng |
Hinweise auf parallele Ausgaben |
352921072 Buchausg. u.d.T.: ‡New insights into the theory of giffen goods |
ISBN |
978-3-642-21776-0 |
Name |
Heijman, Willem |
Mouche, Pierre |
Name ANZEIGE DER KETTE |
Mouche, Pierre |
T I T E L |
New Insights into the Theory of Giffen Goods |
Verlagsort |
Berlin, Heidelberg |
Verlag |
Springer-Verlag Berlin Heidelberg |
Erscheinungsjahr |
2012 |
2012 |
Umfang |
Online-Ressource (XII, 171p. 35 illus, digital) |
Reihe |
Lecture Notes in Economics and Mathematical Systems ; 655 |
Lecture notes in economics and mathematical systems |
Band |
655 |
Notiz / Fußnoten |
Includes bibliographical references |
Weiterer Inhalt |
New Insights into the Theory of Giffen Goods; Preface; Contents; Contributors; Introduction; Notes on Some Theories of Giffen Behaviour; 1 Introduction; 2 The Standard Problem; 3 The Case of an Additional Constraint; 4 Endogenous Income; 5 Final Remarks; References; Exact and Useful Optimization Methods for Microeconomics; 1 Introduction; 2 Customized Optimality Results for Microeconomics; 3 Testing for Operational Usefulness; Appendix; References; On the Definitions of Giffen and Inferior Goods; 1 Introduction; 2 Setting; 3 Definition of Giffen and Inferior Goods. 4 Each Giffen Good Is Inferior5 Non-decreasing Demand Functions That Are Nowhere Strictly Increasing; References; Giffen Behaviour and Strong Asymmetric Gross Substitutability; 1 Introduction; 2 Derivation of Necessary Conditions; 2.1 Unequal Income Elasticities: Weak Asymmetric Income Elasticity; 2.2 Inferior Good/Luxury: Strong Asymmetric Income Elasticity; 2.3 Unequal Gross Cross-Price Effects: Weak Asymmetric Gross Substitutability; 2.4 Good 1 Gross Substitute for Good 2, Good 2 Gross Complement to Good 1: Strong Asymmetric Gross Substitutability; 2.5 Strong Asymmetric Price Elasticity. 3 Relation Between Necessary Conditions4 Discussion; References; A Child Garden of Concrete Giffen Utility Functions: A Theoretical Review; 1 Introduction; 2 Setting; 3 Text Book Giffen Problem; 4 Weak Giffen Problem; 5 Strong Giffen Problem; 6 Inferiority Problems; Appendix; Proof of Example 1; Proof of Example 2; Proof of Example 3; Proof of Example 4; Proof of Example 5; References; On Giffen's Paradox; 1 Giffen's Paradox; 2 Indifference Map; 3 Demand Functions: Determination; 4 Demand Functions: Giffen's Paradox; 5 Giffen's Paradox and Offer Curves; 6 Revisiting the Indifference Map. Giffen Demand for Several Goods1 Introduction; 2 Utility; 3 Demand; 4 Example; 5 Converse; References; Giffen Behavior Independent of the Wealth Level; 1 Introduction; 2 Utility Function; 2.1 Definition and the Main Assumption; 2.2 Properties; 3 Derivation of the Demand Function; 3.1 Utility Maximization Problem; 3.2 Type I Budget Constraint; 3.3 Type II Budget Constraint; 3.4 First Main Proposition; 4 Properties of the Demand Functions; 4.1 Comparative Statics; 4.1.1 Price Effects; 4.1.2 Income Effects; 4.1.3 Diagrammatic Explanation of the Comparative Static Analysis. 4.1.4 Income Expansion Path and Price Offer Curve4.1.5 Independence of Giffen Behavior from Living Standard; 4.1.6 Expenditure Share on a Giffen Good; 5 Possible Generalizations; 6 Concluding Remarks; References; A Class of Indirect Utility Functions Predicting Giffen Behaviour; 1 Introduction; 2 The Indirect Utility Function; 3 Roy's Identity: A Geometric Interpretation; 4 Construction of an IUF Exhibiting Giffenity; 4.1 Construction of a Family of Indifference Curves in Price-Space; 4.2 Further Considerations; 4.3 The IUF in Explicit Form; 4.4 Marshallian Demands. 5 A Direct Utility Function Exhibiting Giffenity |
Titelhinweis |
Buchausg. u.d.T.: ‡New insights into the theory of giffen goods |
ISBN |
ISBN 978-3-642-21777-7 |
ISBN 1-283-44925-0 ebk |
ISBN 978-1-283-44925-0 MyiLibrary |
Klassifikation |
KCA |
BUS069030 |
*91-06 |
91B42 |
91B16 |
00B15 |
330.1 |
338.5212 |
HB1-846.8 |
QC 110 |
Kurzbeschreibung |
Introduction -- Notes on Some Theories of Giffen Behaviour -- Exact and Useful Optimization Methods for Microeconomics -- On the Definitions of Giffen and Inferior Goods -- Giffen Behaviour and Strong Assymetric Gross Substituability -- A Child Garden of Concrete Giffen Utility Functions: a Theoretical Review -- On Giffen's Paradox -- Giffen Demand for Several Goods -- Giffen Behaviour Independent of the Wealth Level -- A Class of Indirect Utility Functions Predicting Giffen Behaviour -- Close Substitutes and Upward-Sloping Demand Curves -- Lotteries and the Law of Demand |
2. Kurzbeschreibung |
One might expect that after their identification in the 19th century, all aspects of Giffen goods would have been studied by now. This appears not to be the case. This book contains the latest insights into the theory of Giffen goods. In the past, surprisingly few goods could be categorized as “Giffen.” This may be because of a lack of understanding of the character of these goods. Therefore, the theories explained in this book may also produce a solid basis for further empirical research in the field. Experts throughout the world have contributed to this book, which predominantly pursues a mathematically rigorous approach. It may be used by researchers in the field of fundamental economics and in graduate-level courses in advanced microeconomics |
1. Schlagwortkette |
Giffen-Effekt |
Mikroökonomie |
Aufsatzsammlung |
ANZEIGE DER KETTE |
Giffen-Effekt -- Mikroökonomie -- Aufsatzsammlung |
SWB-Titel-Idn |
355110679 |
Signatur |
Springer E-Book |
Bemerkungen |
Elektronischer Volltext - Campuslizenz |
Elektronische Adresse |
$uhttp://dx.doi.org/10.1007/978-3-642-21777-7 |
Internetseite / Link |
Volltext |
Siehe auch |
Volltext |
Siehe auch |
Cover |
Siehe auch |
Inhaltstext |