On the History and The Mathematics of the Wold-Juréen (1953) Utility Function, And Its Basis for the Modeling of Giffen Behavior” revisited
Robert Sproule (2022a) proves that the Wold-Juréen utility function is characterised by Giffenity and under a particular condition, the Giffen good is an inferior good. We demonstrate that only a change of sign in the utility function is sufficient for the commodity being a Giffen good as well an in...
| Autor: | |
|---|---|
| Tipo de recurso: | artículo |
| Fecha de publicación: | 2023 |
| País: | España |
| Institución: | Universidad Complutense de Madrid (UCM) |
| Repositorio: | Docta Complutense |
| Idioma: | inglés |
| OAI Identifier: | oai:docta.ucm.es:20.500.14352/88148 |
| Acceso en línea: | https://hdl.handle.net/20.500.14352/88148 |
| Access Level: | acceso abierto |
| Palabra clave: | B21 D01 Giffen goods Inferior goods Bienes Giffen Bienes inferiores Bens de Giffen Bens inferiores Microeconomía Teorías económicas 5307.15 Teoría Microeconómica |
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On the History and The Mathematics of the Wold-Juréen (1953) Utility Function, And Its Basis for the Modeling of Giffen Behavior” revisitedOn the History and the Mathematics of the Wold-Juréen (1953) Utility Function, And Its Basis for the Modeling of Giffen Behavior” revisadoOn the History and The Mathematics of the Wold-Juréen (1953) Utility Function, And Its Basis for the Modeling of Giffen Behavior” revisitadoCorrea, RomarB21D01Giffen goodsInferior goodsBienes GiffenBienes inferioresBens de GiffenBens inferioresMicroeconomíaTeorías económicas5307.15 Teoría MicroeconómicaRobert Sproule (2022a) proves that the Wold-Juréen utility function is characterised by Giffenity and under a particular condition, the Giffen good is an inferior good. We demonstrate that only a change of sign in the utility function is sufficient for the commodity being a Giffen good as well an inferior good without any restriction imposed upon the parameters of the problemEditorial ComplutenseUniversidad Complutense de Madrid20232023-06-2020232023-06-20journal articlehttp://purl.org/coar/resource_type/c_6501VoRhttp://purl.org/coar/version/c_970fb48d4fbd8a85info:eu-repo/semantics/articleapplication/pdfhttps://hdl.handle.net/20.500.14352/88148reponame:Docta Complutenseinstname:Universidad Complutense de Madrid (UCM)Inglésengopen accesshttp://purl.org/coar/access_right/c_abf2Attribution-NonCommercial-NoDerivatives 4.0 Internationalhttp://creativecommons.org/licenses/by-nc-nd/4.0/info:eu-repo/semantics/openAccessoai:docta.ucm.es:20.500.14352/881482026-06-02T12:44:21Z |
| dc.title.none.fl_str_mv |
On the History and The Mathematics of the Wold-Juréen (1953) Utility Function, And Its Basis for the Modeling of Giffen Behavior” revisited On the History and the Mathematics of the Wold-Juréen (1953) Utility Function, And Its Basis for the Modeling of Giffen Behavior” revisado On the History and The Mathematics of the Wold-Juréen (1953) Utility Function, And Its Basis for the Modeling of Giffen Behavior” revisitado |
| title |
On the History and The Mathematics of the Wold-Juréen (1953) Utility Function, And Its Basis for the Modeling of Giffen Behavior” revisited |
| spellingShingle |
On the History and The Mathematics of the Wold-Juréen (1953) Utility Function, And Its Basis for the Modeling of Giffen Behavior” revisited Correa, Romar B21 D01 Giffen goods Inferior goods Bienes Giffen Bienes inferiores Bens de Giffen Bens inferiores Microeconomía Teorías económicas 5307.15 Teoría Microeconómica |
| title_short |
On the History and The Mathematics of the Wold-Juréen (1953) Utility Function, And Its Basis for the Modeling of Giffen Behavior” revisited |
| title_full |
On the History and The Mathematics of the Wold-Juréen (1953) Utility Function, And Its Basis for the Modeling of Giffen Behavior” revisited |
| title_fullStr |
On the History and The Mathematics of the Wold-Juréen (1953) Utility Function, And Its Basis for the Modeling of Giffen Behavior” revisited |
| title_full_unstemmed |
On the History and The Mathematics of the Wold-Juréen (1953) Utility Function, And Its Basis for the Modeling of Giffen Behavior” revisited |
| title_sort |
On the History and The Mathematics of the Wold-Juréen (1953) Utility Function, And Its Basis for the Modeling of Giffen Behavior” revisited |
| dc.creator.none.fl_str_mv |
Correa, Romar |
| author |
Correa, Romar |
| author_facet |
Correa, Romar |
| author_role |
author |
| dc.contributor.none.fl_str_mv |
Universidad Complutense de Madrid |
| dc.subject.none.fl_str_mv |
B21 D01 Giffen goods Inferior goods Bienes Giffen Bienes inferiores Bens de Giffen Bens inferiores Microeconomía Teorías económicas 5307.15 Teoría Microeconómica |
| topic |
B21 D01 Giffen goods Inferior goods Bienes Giffen Bienes inferiores Bens de Giffen Bens inferiores Microeconomía Teorías económicas 5307.15 Teoría Microeconómica |
| description |
Robert Sproule (2022a) proves that the Wold-Juréen utility function is characterised by Giffenity and under a particular condition, the Giffen good is an inferior good. We demonstrate that only a change of sign in the utility function is sufficient for the commodity being a Giffen good as well an inferior good without any restriction imposed upon the parameters of the problem |
| publishDate |
2023 |
| dc.date.none.fl_str_mv |
2023 2023-06-20 2023 2023-06-20 |
| dc.type.none.fl_str_mv |
journal article http://purl.org/coar/resource_type/c_6501 VoR http://purl.org/coar/version/c_970fb48d4fbd8a85 |
| dc.type.openaire.fl_str_mv |
info:eu-repo/semantics/article |
| format |
article |
| dc.identifier.none.fl_str_mv |
https://hdl.handle.net/20.500.14352/88148 |
| url |
https://hdl.handle.net/20.500.14352/88148 |
| dc.language.none.fl_str_mv |
Inglés eng |
| language_invalid_str_mv |
Inglés |
| language |
eng |
| dc.rights.none.fl_str_mv |
open access http://purl.org/coar/access_right/c_abf2 Attribution-NonCommercial-NoDerivatives 4.0 International http://creativecommons.org/licenses/by-nc-nd/4.0/ |
| dc.rights.openaire.fl_str_mv |
info:eu-repo/semantics/openAccess |
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open access http://purl.org/coar/access_right/c_abf2 Attribution-NonCommercial-NoDerivatives 4.0 International http://creativecommons.org/licenses/by-nc-nd/4.0/ |
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openAccess |
| dc.format.none.fl_str_mv |
application/pdf |
| dc.publisher.none.fl_str_mv |
Editorial Complutense |
| publisher.none.fl_str_mv |
Editorial Complutense |
| dc.source.none.fl_str_mv |
reponame:Docta Complutense instname:Universidad Complutense de Madrid (UCM) |
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Universidad Complutense de Madrid (UCM) |
| reponame_str |
Docta Complutense |
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Docta Complutense |
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1869411537559486464 |
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15,300724 |