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The law of demand and the loss of confidence effect: An experimental study

The aim of this article is to examine the possibility that a market demand function (curve) might not be monotonically decreasing in its entire domain according to the consumer theory neoclassical as assumed by the law of demand (for normal goods). This may happen due to limited rationality of (some...

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Detalles Bibliográficos
Autores principales: Mazurek, Jiří, García, Carlos Fernández, Rico, Cristina Pérez
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier 2019
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6838944/
https://www.ncbi.nlm.nih.gov/pubmed/31720483
http://dx.doi.org/10.1016/j.heliyon.2019.e02685