Add to ORKGAbstract: We show that Grandmont's (1992) model of demand heterogeneity can be a model of heterogeneity in the complementary or sign-balancing sense. By this we mean that heterogeneity has the following form: given a change in price, agents respond heterogenously- some by increasing their expenditure share on a good, others by diminishing it, so that the average expenditure share of all goods remain approximately unchanged
In this paper, I modify Varian's (1980) model of sales to allow for heterogeneity in consumer prefer...
We define sources of heterogeneity in consumer utility functions relatedto individual differences in...
Models of consumer heterogeneity play a pivotal role in marketing and economics, specifically in ran...
We show that Grandmont's (1992) model of demand heterogeneity can be a model of heterogeneity in the...
We show that Grandmont's (1992) model of demand heterogeneity can be a model of heterogeneity in the...
It is not infrequent to see studies of imperfect competition or of industrial organization rest upon...
It is not infrequent to see studies of imperfect competition or of industrial organization rest upon...
the University of Bonn is gratefully acknowledged. J.M. Grandmont claims in his paper "Transfor...
This paper presents a model of asymmetric (S,s) pricing. We investigate whether the asymmetry on mic...
In Auer (2009), I develop a model of the determinants of demand for heteroge-neous products, in whic...
The paper deals with aggregate demand of a large population of households. A theoretical framework i...
With differentiated goods and heterogenous consumers, firms set prices above marginal costs when pro...
The paper is based on the acknowledgement that properties of markets stemming from features of deman...
In this paper, I modify Varian's [Varian, H.R. (1980). A model of sales, American Economic Review, 7...
Abstract: In the aggregation literature, prices and price and income derivatives are often assumed ...
In this paper, I modify Varian's (1980) model of sales to allow for heterogeneity in consumer prefer...
We define sources of heterogeneity in consumer utility functions relatedto individual differences in...
Models of consumer heterogeneity play a pivotal role in marketing and economics, specifically in ran...
We show that Grandmont's (1992) model of demand heterogeneity can be a model of heterogeneity in the...
We show that Grandmont's (1992) model of demand heterogeneity can be a model of heterogeneity in the...
It is not infrequent to see studies of imperfect competition or of industrial organization rest upon...
It is not infrequent to see studies of imperfect competition or of industrial organization rest upon...
the University of Bonn is gratefully acknowledged. J.M. Grandmont claims in his paper "Transfor...
This paper presents a model of asymmetric (S,s) pricing. We investigate whether the asymmetry on mic...
In Auer (2009), I develop a model of the determinants of demand for heteroge-neous products, in whic...
The paper deals with aggregate demand of a large population of households. A theoretical framework i...
With differentiated goods and heterogenous consumers, firms set prices above marginal costs when pro...
The paper is based on the acknowledgement that properties of markets stemming from features of deman...
In this paper, I modify Varian's [Varian, H.R. (1980). A model of sales, American Economic Review, 7...
Abstract: In the aggregation literature, prices and price and income derivatives are often assumed ...
In this paper, I modify Varian's (1980) model of sales to allow for heterogeneity in consumer prefer...
We define sources of heterogeneity in consumer utility functions relatedto individual differences in...
Models of consumer heterogeneity play a pivotal role in marketing and economics, specifically in ran...