Add to ORKGUnder two-stage budgeting, the consumer allocates first his income to groups of goods and then for each group the expenditure to the goods that belong to the group. This paper derives expressions that relate the price and income elasticities and the elasticities of substitution of the demand for groups to the corresponding elasticities of the demand for groups and those of the within-group demand for goods. In particular, it is shown that the elasticity of substitution between two goods from different groups is equal to the elasticity of substitution between the groups, modified for within-group income effects
URL des Documents de travail : http://ces.univ-paris1.fr/cesdp/cesdp2017.htmlDocuments de travail du...
In all common models of inter-temporal allocation, the assumption of a constant elasticity of intert...
This paper examines demand elasticities using an integrated framework proposed by Hanemann [Hanemann...
Under two-stage budgeting, the consumer allocates first his income to groups of goods and then for e...
Under multi-stage budgeting, the consumer allocates his income first to groups of goods (the highest...
Two-stage budgeting postulates that the consumer’s utility maximization decision can be decom-posed ...
This paper investigates how a price subsidy affects demand for the three fruit and vegetable product...
Scale flexibilities in inverse demand systems describe how marginal valuations change with expansion...
Group expenditure has often been treated as exogenous when estimating demand parameters for a group ...
In this paper I study how the magnitude of the substitution and income effects determine the change ...
AbstractHicks-Allen elasticities of substitution describe the local convexity of isoquants when ther...
This paper investigates the relationship between government spending and private consumption. The ge...
Two-stage budgeting as an economic decision-making process for consumers is illustrated by its appli...
The object of this paper is to estimate demand elasticities for a basket of staple food important fo...
<p>* Includes all own-price elasticities in addition to theoretical complements and substitutes</p><...
URL des Documents de travail : http://ces.univ-paris1.fr/cesdp/cesdp2017.htmlDocuments de travail du...
In all common models of inter-temporal allocation, the assumption of a constant elasticity of intert...
This paper examines demand elasticities using an integrated framework proposed by Hanemann [Hanemann...
Under two-stage budgeting, the consumer allocates first his income to groups of goods and then for e...
Under multi-stage budgeting, the consumer allocates his income first to groups of goods (the highest...
Two-stage budgeting postulates that the consumer’s utility maximization decision can be decom-posed ...
This paper investigates how a price subsidy affects demand for the three fruit and vegetable product...
Scale flexibilities in inverse demand systems describe how marginal valuations change with expansion...
Group expenditure has often been treated as exogenous when estimating demand parameters for a group ...
In this paper I study how the magnitude of the substitution and income effects determine the change ...
AbstractHicks-Allen elasticities of substitution describe the local convexity of isoquants when ther...
This paper investigates the relationship between government spending and private consumption. The ge...
Two-stage budgeting as an economic decision-making process for consumers is illustrated by its appli...
The object of this paper is to estimate demand elasticities for a basket of staple food important fo...
<p>* Includes all own-price elasticities in addition to theoretical complements and substitutes</p><...
URL des Documents de travail : http://ces.univ-paris1.fr/cesdp/cesdp2017.htmlDocuments de travail du...
In all common models of inter-temporal allocation, the assumption of a constant elasticity of intert...
This paper examines demand elasticities using an integrated framework proposed by Hanemann [Hanemann...