A systematic analysis of the links amongst the Marshallian, Hicksian, and Frischian demand functions: A note

Robert Sproule

Economics Letters, 2013, vol. 121, issue 3, 555-557

Abstract: Three types of demand functions are central to contemporary consumer theory: the Marshallian, the Hicksian, and the Frischian demand functions. This paper presents a systematic definition of the analytical relationships amongst these demand functions under the maintained hypothesis that the decision maker is a profit maximizer.

Keywords: Consumer theory; Frischian profit function; Frischian demand function; Price of utility (search for similar items in EconPapers)
JEL-codes: D01 D11 (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:121:y:2013:i:3:p:555-557

DOI: 10.1016/j.econlet.2013.10.004

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