A characterization of monotone individual demand functions

Yakar Kannai

doi:10.1016/0304-4068(89)90007-4

A characterization of monotone individual demand functions

Yakar Kannai

Weizmann Institute of Science

Research output: Contribution to journal › Article › peer-review

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Abstract

Monotone demand functions of consumers with concave utility functions are characterized in terms of geometric properties of the indifference surfaces (or, alternatively, in terms of least concave utility representations). Relations to other results (by Mitjuschin and Polterovitch) are discussed.

Original language	English
Pages (from-to)	87-94
Number of pages	8
Journal	Journal of Mathematical Economics
Volume	18
Issue number	1
DOIs	https://doi.org/10.1016/0304-4068(89)90007-4
State	Published - 1989
Externally published	Yes

Bibliographical note

Funding Information:
*I am indebted to Professor W. Hildenbrand for suggesting this problem, and to Professor A. Mas-Cole11 for a number of helpful comments. The research described here was carried out while the author visited Bonn University, and was supported by Deutsche Forschungsgemeinschaft, Sonderforschunsbereich 303.

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10.1016/0304-4068(89)90007-4

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abstract = "Monotone demand functions of consumers with concave utility functions are characterized in terms of geometric properties of the indifference surfaces (or, alternatively, in terms of least concave utility representations). Relations to other results (by Mitjuschin and Polterovitch) are discussed.",

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note = "Funding Information: *I am indebted to Professor W. Hildenbrand for suggesting this problem, and to Professor A. Mas-Cole11 for a number of helpful comments. The research described here was carried out while the author visited Bonn University, and was supported by Deutsche Forschungsgemeinschaft, Sonderforschunsbereich 303.",

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A characterization of monotone individual demand functions

Abstract

Bibliographical note

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