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The characterization of demand and excess demand functions, revisited
Decisions in Economics and Finance Pub Date : 2020-08-24 , DOI: 10.1007/s10203-020-00303-w
Marwan Aloqeili

In this note, the characterization problem of individual demand and excess demand functions is revisited. It is assumed that the individual’s income is price dependent. When the income function is homogeneous of degree one, we show that similar conditions characterize both demand and excess demand functions.

中文翻译:

重新描述了需求和超额需求功能的特征

在本说明中,重新讨论了单个需求和过量需求函数的特征化问题。假定个人的收入取决于价格。当收入函数是一阶的齐次均质时,我们证明相似的条件同时描述了需求函数和超额需求函数。
更新日期:2020-08-24
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