How normal is normality in consumption?

It is shown by robust example that if a household's financial budget and its Gossenian time budget are binding in equilibrium then at least one commodity must be inferior in the household's consumption.

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Year of publication:	2008
Authors:	Kemp, Murray C.
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 101.2008, 1, p. 44-47
Publisher:	Elsevier
Subject:	Time constraints Normality in consumption

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005362042