A New Approach to Consumer Theory

Lancaster, K. J. (1966). A New Approach to Consumer Theory. Journal of Political Economy, 74(2), 132-157.

Type

Journal article

Intellectual base

Primary research

Year

1966

Volume

74

Issue

2

Pages

132-157

DOI

10.1086/259131

DOI registrant

University of Chicago Press

Link

https://doi.org/10.1086/259131

Cited from

economics_finance

Cited by

2 citations across 2 artifacts.

Primes

• Indifference Curves
  • introduces reference-dependent preferences with a kink in the value function at the reference point, violating smooth differentiability; simultaneously, Lancaster (1966)

Domain-specific

• Rational Choice Model
  • Lancaster's consumer model and Becker's model of offending instantiate this relation with different options and evaluation terms.

Verification

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Links previously used in the corpus

Before the registry existed this work was also linked 1 other way.

• https://bpb-us-e1.wpmucdn.com/sites.psu.edu/dist/c/13885/files/2014/07/Lancaster1966_A-New-Approach-to-Consumer-Theory.pdf ×1

Registry ID ref:83bf50809d8b · see in the full table