A Bayesian approach to aggregation in demand systems : smoothing with perfect substitution priors

Hoanjae Park and Walter N. Thurman

Year of publication:	2013
Authors:	Park, Hoan-jae ; Thurman, Walter N.
Published in:	Applied economics. - Abingdon : Routledge, ISSN 0003-6846, ZDB-ID 280176-0. - Vol. 45.2013, 31/33, p. 4452-4462
Subject:	substitutability \| marginal values \| inverse demands \| information contract curve \| Bayes-Statistik \| Bayesian inference \| Nachfragesystem \| Demand system \| Konsumtheorie \| Consumption theory \| Substitutionselastizität \| Elasticity of substitution \| Gesamtwirtschaftliche Nachfrage \| Aggregate demand

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