A Gradient Model of Dynamic Consumer Behaviour

Y. Comay, Shlomo Maital and A. Rutenberg

Working Paper from Economics Department, Queen's University

Abstract: Gradient methods have been useful in economics, particularly in non-linear programming and estimation. This paper outlines a gradient model of dynamic consumer behaviour under uncertainty. An extension to a two-consumer bargaining model is suggested. A key role is played by the nature and extent of consumer's information regarding his income and preference field and the prices he faces.

Pages: 13
Date: 1972
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:qed:wpaper:100

Access Statistics for this paper

More papers in Working Paper from Economics Department, Queen's University Contact information at EDIRC.
Bibliographic data for series maintained by Mark Babcock ().