Demand System Specification and Estimation

by Robert A. Pollak and Terence J. Wales

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This book explores the principal issues involved in bridging the gap between the pure theory of consumer behavior and its empirical implementation. The theoretical starting point is the familiar static, one-period, utility maximizing model in which the consumer allocates a fixed budget among competing categories of goods. The authors focus upon four issues of primary importance in empirical demand analysis: the structure of preferences, the treatment...

Format:Hardcover

Language:English

ISBN:0195069412

ISBN13:9780195069419

Release Date:August 1992

Publisher:Oxford University Press, USA

Length:232 Pages

Weight:1.25 lbs.

Dimensions:0.9" x 6.4" x 9.6"

Related Subjects

Americas Business Business & Investing Consumer Behavior Economics Marketing & Sales Philosophy Popular Economics Science Science & Math Science & Scientists Science & Technology Theory

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Demand System Specification and Estimation

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