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  • Search: subject:"asymmetric substitutability"
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Year of publication
Subject
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asymmetric substitutability 2 Giffen behaviour 1 Ordered by external client 1 consumer theory 1
Online availability
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Free 2
Type of publication
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Book / Working Paper 2
Language
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English 1 Undetermined 1
Author
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Jaegher, K. de 1 Jaegher, K.J.M. De 1
Institution
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School of Economics, Universiteit Utrecht 2
Published in...
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Working Papers / School of Economics, Universiteit Utrecht 2
Source
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RePEc 2
Showing 1 - 2 of 2
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Giffen Behaviour and Asymmetric Substitutability
Jaegher, K.J.M. De - School of Economics, Universiteit Utrecht - 2010
Let a consumer consume two goods, and let good 1 be a Giffen good. Then a wellknown necessary condition for such behaviour is that good 1 is an inferior good. This paper shows that an additional necessary for such behaviour is that good 1 is a gross substitute for good 2, and that good 2 is a...
Persistent link: https://www.econbiz.de/10008642740
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Cover Image
Asymmetric substitutability: theory and some applications
Jaegher, K. de - School of Economics, Universiteit Utrecht - 2008
Economists usually describe goods as being either (gross) complements or (gross) substitutes. Yet, what is less known is that one good may be a gross substitute for a second good, while the second good is a gross complement to the first good. This paper shows the existence of asymmetric gross...
Persistent link: https://www.econbiz.de/10005040965
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