On expenditure functions

Juan Enrrique Martínez Legaz and Manuel S. Santos
Authors registered in the RePEc Author Service: Juan Enrique Martinez-Legaz

UC3M Working papers. Economics from Universidad Carlos III de Madrid. Departamento de Economía

Abstract: In this paper we present complete characterizations of the expenditure function for both utility representations and preference structures. Building upon these results, we also establish under minimal assumptions duality theorems for exıpenditure functions and utility representations, and for expenditure functions and preference structures. These results generalize previous work in this area; moreover, in the case of preferences structures they apply to non-completeı preorders.

Keywords: Expenditure; functions; Utility; representations; Duality; Non-complete; preorders (search for similar items in EconPapers)
Date: 1994-05
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Related works:
Journal Article: On expenditure functions (1996)
Working Paper: On Expenditure Functions (1994)
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Persistent link: https://EconPapers.repec.org/RePEc:cte:werepe:2916

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