To allow realistic policy simulations in a changing environment, inverse demand systems must remain regular over substantial variations in quantities. The distance function is a convenient vehicle for generating such systems. While its use directly yields Hicksian inverse demand functions, those...

This paper utilizes the notion of effective global regularity and the intuition stemming from Cooper and McLaren (1996)'s General Exponential Form to develop a family of composite (product and ratio) direct, inverse and mixed demand systems. Apart from having larger regularity regions, the...