haku: @author Barten, A. P. / yhteensä: 1
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| Tekijä: | Barten, A. P. |
| Otsikko: | Consumer allocation models: choice of functional firm |
| Lehti: | Empirical Economics
1993 : VOL. 18:1, p. 129-158 |
| Asiasana: | CONSUMER DEMAND ALLOCATION INDIVIDUAL BEHAVIOUR |
| Kieli: | eng |
| Tiivistelmä: | After a general discussion of the theoretical foundations of consumer allocation systems, the criteria for choice of a particular functional form and the evaluation of its empirical performance, the paper turns to a class of four differential demand systems which are in a sense similar and easily comparable. The attention is concentrated on their relative empirical performance as a basis of choice. The author argues that rather than limiting oneself to a single system one can consider a linear combination of these systems as an alternative which can do more justice to the data than any of the elementary systems. |
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