Note on Edgeworth’s Taxation Phenomenon and Professor Garver’s Additional Condition on Demand Functions

Harold Hotelling
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Harold Hotelling: Columbia University

A chapter in The Collected Economics Articles of Harold Hotelling, 1990, pp 123-124 from Springer

Abstract: Abstract In a recent paper1 I derived for demand functions for n commodities conditions which, I concluded, assure the satisfaction of all further conditions which may reasonably be applied to all sets of demand functions. Letting p1, p2, … p n , and q1, q2, …, q n be respectively the prices and quantities, the conditions are: $$\frac{{\partial {p_i}}}{{\partial {q_j}}} = \frac{{\partial {p_j}}}{{\partial {q_i}}} 0,\frac{{\partial \left( {{p_i},{p_j}{p_k}} \right)}}{{\partial \left( {{q_i},{q_j},{q_k}} \right)}} 0,\frac{{\partial \left( {{q_i},{q_j},{q_k}} \right)}}{{\partial \left( {{p_i},{p_j},{p_k}} \right)}} apply for supply functions.

Keywords: Cost Function; Similar Condition; Empirical Result; Political Economy; Demand Function (search for similar items in EconPapers)
Date: 1990
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-1-4613-8905-7_7

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DOI: 10.1007/978-1-4613-8905-7_7

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