In this article, we advocate more extensive use of the benefit function in specifying price-dependent or inverse demand models. We demonstrate how duality theory may be used to establish the interrelationships between the Marshallian (or Hicksian) inverse demands and Luenberger's adjusted price...

This paper utilizes the notion of effective global regularity and the intuition stemming from Cooper and McLaren (1996)'s General Exponential Form to develop a family of composite (product and ratio) direct, inverse and mixed demand systems. Apart from having larger regularity regions, the...