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Gorman revisited: nonparametric conditions for exact linear aggregation

In the tradition of Afriat (Int Econ Rev 8:67–77, 1967), Diewert (Rev Econ Stud 40:419–425, 1973) and Varian (Econometrica 50:945–972, 1982), we provide a revealed preference characterisation of exact linear aggregation. This guarantees that aggregate demand can be written as a function of prices an...

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Detalles Bibliográficos
Autores principales: Cherchye, Laurens, Crawford, Ian, De Rock, Bram, Vermeulen, Frederic
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer Berlin Heidelberg 2016
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC4959140/
https://www.ncbi.nlm.nih.gov/pubmed/27512521
http://dx.doi.org/10.1007/s13209-016-0140-y