Local and Global Consumer Preferences

Reinhard John ()
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Reinhard John: University of Bonn

A chapter in Generalized Convexity and Related Topics, 2007, pp 315-325 from Springer

Abstract: Summary Several kinds of continuous (generalized) monotone maps are characterized by partial gradient maps of skew-symmetric real-valued bifunctions displaying corresponding (generalized) concavity-convexity properties. As an economic application, it is shown that two basic approaches explaining consumer choice are behaviorally equivalent.

Keywords: Consumer preference; equilibrium problem; generalized concave-convex bifunction; generalized monotonicity; variational inequality (search for similar items in EconPapers)
Date: 2007
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DOI: 10.1007/978-3-540-37007-9_18

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