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We test an implication that is common to all prominent theories of outcome-based other-regarding preferences: the ordinal preference ranking of an agent over a finite number of alternatives lying on any straight line in the space of material payoffs to oneself and some other agent must be...
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A recent demand system (AIDS) is extended to include family size explicitly and, then, estimated on Indian budget data. The estimation, using non-linear FIML, is performed, first, on pure time series and, then, on pooled cross section data. Within and across equation restrictions are imposed and...
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This paper proposes and estimates demand functional forms which are based on (a) nonseparable generalisations of LES, and (b) dynamic generalisations which extend the linear habit formation idea to incorporate more complex habit forming behaviour and allow purchases in the more distant past to...
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