Giraud, Gael; Quah, John - In: Contributions to Theoretical Economics 3 (2003) 1, pp. 1058-1058
A common theme in the theory of demand aggregation is that market demand can acquire properties which are not always individually present among the agents who make up that market, a phenomenon we call heteroiosis in this paper. This paper focusses on the well known result that with a suitable...