The ALEP Definition of Complementarity and Least Concave Utility Functions

Yakar Kannai

No 527, Cowles Foundation Discussion Papers from Cowles Foundation for Research in Economics, Yale University

Abstract: The use of least concave utility functions describing a given concavifiable preference relation is suggested for determining the complementary vis-a-vis substitute nature of a pair of commodities.

Pages: 5 pages
Date: 1979-06
Note: CFP 515.
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Published in Journal of Economic Theory (February 1980), 22(1): 115-117

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