Economics and Consumer Behavior¶
Deaton, A., & Muellbauer, J. (1980). Economics and Consumer Behavior. Cambridge University Press.
Cited by¶
1 citation across 1 artifact.
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Domain-specific¶
- Slutsky Decomposition
- Symmetry and negativity restrictions then make the compensated matrix testable under utility maximization, while Engel-curve behavior classifies the income terms
This sourceDeaton and Muellbauer, whose Chapter 2 derives the symmetry and negativity restrictions on the Slutsky matrix and whose Chapter 3 puts them to work as testable restrictions on estimated demand systems, alongside Engel-curve treatment of the income terms.
- Symmetry and negativity restrictions then make the compensated matrix testable under utility maximization, while Engel-curve behavior classifies the income terms
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