Giffen Demand for Several Goods

Peter Norman Sørensen

doi:10.1007/978-3-642-21777-7_8

Giffen Demand for Several Goods

Department of Economics

Abstract

The utility maximizing consumer's demand functionmay simultaneously possess the Giffen property for any number of goods strictly less than all. By way of a simple example it is possible to illuminate the preference characteristics conducive to such a result.

Translated title of the contribution	Giffen-efterspørgsel efter flere goder
Original language	English
Title of host publication	New Insights into the Theory of Giffen Goods
Editors	Wim Heijman, Pierre von Mouche
Number of pages	8
Place of Publication	Heidelberg, Dordrecht, London, New York
Publisher	Springer
Publication date	2012
Pages	97-104
ISBN (Print)	978-3-642-21776-0
ISBN (Electronic)	978-3-642-21777-7
DOIs	https://doi.org/10.1007/978-3-642-21777-7_8
Publication status	Published - 2012

Series	Lecture Notes in Economics and Mathematical Systems
Volume	655
ISSN	0075-8442

Keywords

Faculty of Social Sciences

Access to Document

10.1007/978-3-642-21777-7_8

Cite this

Giffen Demand for Several Goods. / Sørensen, Peter Norman.

New Insights into the Theory of Giffen Goods. ed. / Wim Heijman; Pierre von Mouche. Heidelberg, Dordrecht, London, New York : Springer, 2012. p. 97-104 (Lecture Notes in Economics and Mathematical Systems, Vol. 655).

Research output: Chapter in Book/Report/Conference proceeding › Book chapter › Research › peer-review

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