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