A general differential demand model for mixed quantity- and price-dependent equations
Mark G. Brown,
Jonq-Ying Lee and
Xiaoming Gao
No 52735, Research papers from Florida Department of Citrus
Abstract:
A mixed demand system is developed using the fundamental matrix equation of demand theory. The model parameterization combines the parameterizations of the quantity- and price- dependent Rotterdam models. The relationship between the mixed-demand-model parameters and the underlying direct and indirect utility functions allows analysis of various separability assumptions.
Keywords: Demand; and; Price; Analysis (search for similar items in EconPapers)
Pages: 46
Date: 1993
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Persistent link: https://EconPapers.repec.org/RePEc:ags:fdcrrp:52735
DOI: 10.22004/ag.econ.52735
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