We study a class of quasi-homothetic preferences, which result in demands that are logarithmic in own prices when these have a negligible impact on aggregate prices (as in monopolistic competition models). Thus marginal revenues are computationally friendly and well behaved
Bertoletti, P. (2006). Logarithmic quasi-homethetic preferences. ECONOMICS LETTERS, 90(3), 433-439 [10.1016/j.econlet.2005.10.005].
Logarithmic quasi-homethetic preferences
Bertoletti, P
2006
Abstract
We study a class of quasi-homothetic preferences, which result in demands that are logarithmic in own prices when these have a negligible impact on aggregate prices (as in monopolistic competition models). Thus marginal revenues are computationally friendly and well behaved
File in questo prodotto:
Non ci sono file associati a questo prodotto.
I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
