Demand functions and demand manifolds

Alan Beggs

Economic Theory Bulletin, 2021, vol. 9, issue 2, No 4, 195-207

Abstract: Abstract Mrázová and Neary (2017) introduce the notion of the Demand Manifold which expresses the relationship between the elasticity and curvature of a demand function. They argue that this determines many important comparative static properties of firm behavior. This paper gives necessary and sufficient conditions for two demand functions to have the same demand manifold and so to have similar comparative static properties.

Keywords: Demand manifold; Demand functions; Comparative statics (search for similar items in EconPapers)
JEL-codes: C02 D21 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (1)

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DOI: 10.1007/s40505-021-00203-1

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