Duality and the Geometry of the Income and Substitution Effects

The geometry of the Hicks-Slutsky income and substitution effect is framed in terms of the consumers expenditure function and expenditure equation and thus can be studied with-out resorting to the indifference map of a direct utility function.

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Year of publication:	2002
Authors:	Panik, Michael J.
Published in:	International Journal of Business and Economics. - College of Business, ISSN 1607-0704. - Vol. 1.2002, 3, p. 225-233
Publisher:	College of Business
Subject:	duality \| income/substitution effect \| expenditure function

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Extent:	application/pdf text/html
Type of publication:	Article
Classification:	D1 - Household Behavior and Family Economics ; D6 - Welfare Economics
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010600172