Jiménez-Martín, Sergi; Guevara, Antonio Ladrón de - Department of Economics and Business, Universitat … - 2008
general utility function where pure inertia and pure variety-seeking behaviors can be explained in the model as particular … presents a stationary consumption pattern that can be inertial, where the consumer only buys one product, or a variety-seeking … periods, eventually switching to a variety-seeking behavior when the stationary levels are approached. An empirical analysis …