Sproule, Robert A. - 2020
: A study in Econometrics, 1953) utility function has been touted as the progenitor of a multi-decade search for those two …-good, particular utility functions, which exhibit Giffenity. On the other hand, there is no evidence that the Wold- Juréen (1953 … and a clear cut precondition for Giffen behavior under the Wold-Juréen (1953) utility function. That is, the author shows …