An extended form of quasilinear utility functions

Toshihiro Matsuda

Economics Letters, 2020, vol. 187, issue C

Abstract: We show an extended form of quasilinear utility functions, which is characterized by the Gorman polar form and the property that a consumer surplus, a compensating variation, and an equivalent variation coincide for the changes of prices and income under a certain condition.

Keywords: Quasilinear utility; Gorman polar form; Extension (search for similar items in EconPapers)
JEL-codes: D11 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:187:y:2020:i:c:s0165176519304501

DOI: 10.1016/j.econlet.2019.108893

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