Holt, Matthew T.; Goodwin, Barry K. - In: Quantifying consumer preferences, (pp. 37-59). 2009
This chapter reviews the specification and application of the Deaton and Muellbauer's (1980) almost ideal demand system (AIDS) and the Christensen et al. (1975) translog (TL) demand system. In so doing we examine various refinements to these models, including ways of incorporating demographic...
