A characterization of the composite price variable to approximate a price aggregator function in the Quadratic Almost Ideal Demand System

In investigating linear approximations to the Quadratic Almost Ideal Demand System (QUAIDS), Matsuda (2006) proposed a composite variable to approximate a price aggregator function. This paper provides an axiomatic characterization of this composite price variable.

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Year of publication:	2009
Authors:	Majumder, Amita
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 29.2009, 3, p. 2050-2054
Publisher:	AccessEcon
Subject:	QUAIDS \| Linear approximation \| Price aggregator \| Characterization

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Classification:	C4 - Econometric and Statistical Methods: Special Topics ; D1 - Household Behavior and Family Economics
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008562969