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Full Rank Rational Demand Systems

Jeffrey Thomas LaFrance () and Rulon Pope
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Rulon Pope: Brigham Young University

No 1021, Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series from Department of Agricultural & Resource Economics, UC Berkeley

Abstract: We extend the set of full rank nominal and deflated income demand systems to rational demand systems of any rank and present a unifying expression for the indirect preferences of all full rank demand models.

Keywords: Aggregation; functional form; integrability; rank; rational demand systems (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-env and nep-res
Date: 2006-10-17
Note: oai:cdlib1:are_ucb-1122
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