How normal is normality in consumption?
It is shown by robust example that if a household's financial budget and its Gossenian time budget are binding in equilibrium then at least one commodity must be inferior in the household's consumption.
Year of publication: |
2008
|
---|---|
Authors: | Kemp, Murray C. |
Published in: |
Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 101.2008, 1, p. 44-47
|
Publisher: |
Elsevier |
Subject: | Time constraints Normality in consumption |
Saved in:
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