On Giffen’s Paradox
Herman O. A. Wold
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Herman O. A. Wold: Uppsala University
A chapter in New Insights into the Theory of Giffen Goods, 2012, pp 89-96 from Springer
Abstract:
Abstract A continuous, strictly increasing quasi-concave utility function that exhibits Giffen behaviour is given.
Keywords: Demand Function; Tangent Point; Indifference Curve; Preference Index; High Income Level (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:spr:lnechp:978-3-642-21777-7_7
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DOI: 10.1007/978-3-642-21777-7_7
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