Criteria for Monotonicity of Demand Functions

We formulate a simple necessary and sufficient condition of monotonicity of a consumer's demand function in terms of the first and second derivatives of the consumer's utility function.

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Year of publication:	1978
Authors:	Polterovich, Victor ; Mityushin, Leonid

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Type of publication:	Book / Working Paper
Language:	English
Notes:	Polterovich, Victor and Mityushin, Leonid (1978): Criteria for Monotonicity of Demand Functions. Published in: Ekonomika i Matematicheskie Metody (in Russian) No. 14 (1978): pp. 122-128.
Classification:	D5 - General Equilibrium and Disequilibrium
Source:	BASE

Persistent link: https://www.econbiz.de/10015220057