A note on duality in consumer theory

In this paper we will show that upper semicontinuity of the indirect utility function implies the upper semicontinuity of the direct utility function. By strengthening the assumptions, one can also deduce the continuity of the utility function. Based on indirect utility functions a model of consumer behavior will be established.

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Year of publication:	1998-12-04
Authors:	Fuchs-Seliger, Susanne
Published in:	Economic Theory. - Springer. - Vol. 13.1999, 1, p. 239-246
Publisher:	Springer

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Extent:	application/pdf
Type of publication:	Article
Notes:	Received: December 26, 1996; revised version: August 25, 1997
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005370886