Measuring Consumer Preferences and Estimating Demand Systems

William Barnett and Apostolos Serletis

No 200901, WORKING PAPERS SERIES IN THEORETICAL AND APPLIED ECONOMICS from University of Kansas, Department of Economics

Abstract: This chapter is an up-to-date survey of the state-of-the art in consumer demand analysis. We review (and evaluate) advances in a number of related areas, in the spirit of the recent survey paper by Barnett and Serletis (2008). In doing so, we only deal with consumer choice in a static framework, ignoring a number of important issues, such as, for example, the effects of demographic or other variables that affect demand, welfare comparisons across households (equivalence scales), and the many issues concerning aggregation across consumers.

Keywords: Demand systems; Consumer preferences; Theoretical regularity. (search for similar items in EconPapers)
JEL-codes: D12 E21 (search for similar items in EconPapers)
Pages: 37 pages
Date: 2009-01, Revised 2009-01
New Economics Papers: this item is included in nep-agr, nep-mac and nep-mkt
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

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Working Paper: Measuring Consumer Preferences and Estimating Demand Systems (2008)
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