The characterization of demand and excess demand functions, revisited

被引:0
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作者
Marwan Aloqeili
机构
[1] Birzeit University,Department of Mathematics
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关键词
Individual demand; Excess demand; Homogeneous functions; Slutsky matrix; C02; D11;
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摘要
In this note, the characterization problem of individual demand and excess demand functions is revisited. It is assumed that the individual’s income is price dependent. When the income function is homogeneous of degree one, we show that similar conditions characterize both demand and excess demand functions.
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页码:691 / 707
页数:16
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