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Author:Blundell, R.
Title:Consumer behaviour : theory and empirical evidence - a survey.
Journal:Economic Journal
1988 : MAR, VOL. 98:389, p. 16-65
Index terms:CONSUMER DEMAND
CONSUMER BEHAVIOUR
ECONOMIC THEORY
EMPIRICAL RESEARCH
CONSUMER DEMAND
MODELS
Language:eng
Abstract:Two broad levels of analysis are reflected: the study of disaggregate consumer behavior (separability, additivity and preference restrictions; functional forms specification; estimation issues); the dynamic consumer behavior analysis using intertemporal or life-cycle models (theoretical foundations and empirical representations of life-cycle models; preference restrictions and estimation intertemporally separable models; aggregation, sensitivity and the evaluation of empirical evidence). Neither a catalogue of empirical results is provided, nor all the theories are analyzed, rather the interplay between theoretical and empirical considerations are highlighted.
SCIMA record nr: 59011
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