ASYMMETRIC SUBSTITUTABILITY: THEORY AND SOME APPLICATIONS

"Economists usually describe goods as being either (gross) complements or (gross) substitutes. Yet, what is less known is that one good may be a gross substitute for a second good, while the second good is a gross complement to the first good. This article develops a theory of asymmetric gross substitutability and suggests some potential examples and applications." ("JEL" D11) Copyright (c) 2008 Western Economic Association International.

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Year of publication:	2009
Authors:	JAEGHER, KRIS DE
Published in:	Economic Inquiry. - Western Economic Association International - WEAI, ISSN 0095-2583. - Vol. 47.2009, 4, p. 838-855
Publisher:	Western Economic Association International - WEAI

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

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