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theory results characterizing the properties of the nested fixed point algorithm used to evaluate the objective function of …
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The paper presents an extended version of the consumer choice problem. Different from the standard model, prices are not fixed but arise from Walrasian interactions of total demand and a stylized supply function for each of the goods. Three different types of evolutionary algorithms are set up...
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We develop a revealed preference approach to analyze non-unitary consumption models with intrahousehold allocations deviating from the cooperative (or Pareto efficient) solution. At a theoretical level, we establish revealed preference conditions of household consumption models with varying...
Persistent link: https://www.econbiz.de/10013153659
theory results characterizing the properties of the nested fixed point algorithm used to evaluate the objective function of …
Persistent link: https://www.econbiz.de/10013159520
different price vectors already suffices to identify the distribution of the random coefficients. In theory, these arguments …
Persistent link: https://www.econbiz.de/10012837836
theory results characterizing the properties of the nested fixed point algorithm used to evaluate the objective function of …
Persistent link: https://www.econbiz.de/10012706946