| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w25025 |
| 来源ID | Working Paper 25025 |
| Integrability and Generalized Separability | |
| Thibault Fally | |
| 发表日期 | 2018-09-17 |
| 出版年 | 2018 |
| 语种 | 英语 |
| 摘要 | This paper examines demand systems where the demand for a good depends only on its own price, consumer income, and a single aggregator synthesizing information on all other prices. This generalizes directly-separable preferences where the Lagrange multiplier provides such an aggregator. As indicated by Gorman (1972), symmetry of the Slutsky substitution terms implies that such demand can take only one of two simple forms. Conversely, here we show that only weak conditions ensure that such demand systems are integrable, i.e. can be derived from the maximization of a well-behaved utility function. This paper further studies useful properties and applications of these demand systems. |
| 主题 | Microeconomics ; Households and Firms ; Market Structure and Distribution ; Industrial Organization ; Market Structure and Firm Performance |
| URL | https://www.nber.org/papers/w25025 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/582699 |
| 推荐引用方式 GB/T 7714 | Thibault Fally. Integrability and Generalized Separability. 2018. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w25025.pdf（478KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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