In this paper I study how the magnitude of the substitution and income effects determine the change in the demand of a commodity following an own-price variation in a consumer choice problem with multiple consumption goods.
Panaccione, L. (2011). Mind the gap! A note on the income and the substitution effects. ECONOMICS BULLETIN, 31(1), 807-811.
Mind the gap! A note on the income and the substitution effects
PANACCIONE, LUCA
2011-01-01
Abstract
In this paper I study how the magnitude of the substitution and income effects determine the change in the demand of a commodity following an own-price variation in a consumer choice problem with multiple consumption goods.File in questo prodotto:
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