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
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	demand functions \| monotonicity \| consumer's utility function

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	D5 - General Equilibrium and Disequilibrium
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008546001