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Generalised Translation of Indirect Utility Functions

Conniffe, Prof. Denis (2004) Generalised Translation of Indirect Utility Functions. UNSPECIFIED. (Unpublished)

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Abstract

This paper considers the derivation of new demand systems from existing ones through replacing an indirect utility function by , where p is a vector of prices and y is income. This is a generalisation of Gorman translation and will be shown to be effective in terms of producing new demand systems with both good regularity and flexibility properties.

Item Type: Other
Keywords: Translation, indirect utility functions, demand equations.
Subjects: Social Sciences > Economics
Item ID: 142
Depositing User: Ms Sandra Doherty
Date Deposited: 16 Sep 2004
Refereed: No
URI:

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