 Hendrik S. Houthakker (1924–2008)Chapter 22 in The Palgrave Companion to Harvard Economics, 2024, pp 521-554 from Springer Abstract: Abstract Hendrik S. (Henk) ( Houthakker, H.S. (1955–1956). ‘The Pareto Distribution and the Cobb–Douglas Production Function in Activity Analysis’. Review of Economic Studies, 23(1): 27–31.)1924–2008) was a Dutch-American economist who taught at Harvard University from 1960 to 1994. In 1950, he achieved a permanent place in the pantheon of economic thought, at age 26, in introducing the strong axiom of revealed preference to establish the equivalence of Samuelson’s revealed preference with the Slutsky-Hicks theory of demand. Further seminal contributions of Houthakker, H.S. (1955–1956). ‘The Pareto Distribution and the Cobb–Douglas Production Function in Activity Analysis’. Review of Economic Studies, 23(1): 27–31.included detailed study of futures and financial markets, clarification of Keynes’s concept of normal backwardation, underpinning of the Cobb–Douglas production function on the Pareto distribution, additive preferences and the dynamics of consumer behaviour. Keywords: Demand theory; Strong axiom of revealed preference; Consumption dynamics; Futures markets; Backwardation; Pareto distribution; Council of Economic Advisers (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-52053-2_22 Ordering information: This item can be ordered from DOI: 10.1007/978-3-031-52053-2_22 Access Statistics for this chapter More chapters in Springer Books from Springer |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.