Jaeger, Carlo (contributor) - 2005
See Kirman, A., Whom or What Does the Representative Individual Represent? (Journal of Economic Perspectives,
1992, 6, 117 … the determination of demand is given
by reference prices, Pr. In marketing, the notion of reference prices is used to … equilibria near an indeterminate steady state. Journal of Economic Theory, 111,
125-134.
17We will use the same procedure with …