A generalization of the expenditure function
Noé Biheng (noe.biheng@univ-paris1.fr)
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Noé Biheng: CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique, PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École nationale des ponts et chaussées - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement
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Abstract:
We consider a generalized expenditure function and the associated Hicksian demand. First, we provide some economic interpretation of the problem that we study. Then, we study different properties of the solution: existence, Lipschitz behavior and differential properties. We conclude by a Slutsky-type property.
Keywords: incomplete preferences; Lipschitz behavior; expenditure function; fonction de dépense; préférences incomplètes; caractère Lipschitzien (search for similar items in EconPapers)
Date: 2014-11
New Economics Papers: this item is included in nep-mic
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Published in 2014
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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-01143222
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