Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10003754673
Persistent link: https://www.econbiz.de/10003992002
Persistent link: https://www.econbiz.de/10010418032
This paper has two objectives. First, we identify a problem with the ability of the discrete-continuous choice (DCC) framework and conditional demand functions to fully describe consumer preferences in the presence of kinked budget constraints. Second, we propose and illustrate an alternative,...
Persistent link: https://www.econbiz.de/10012758427
This paper has two objectives. First, we identify a problem with the ability of the discrete-continuous choice (DCC) framework and conditional demand functions to fully describe consumer preferences in the presence of kinked budget constraints. Second, we propose and illustrate an alternative,...
Persistent link: https://www.econbiz.de/10012464344