Criteria for Monotonicity of Demand Functions

Victor Polterovich and Leonid Mityushin
Authors registered in the RePEc Author Service: Виктор Меерович Полтерович

MPRA Paper from University Library of Munich, Germany

Abstract: We formulate a simple necessary and sufficient condition of monotonicity of a consumer's demand function in terms of the first and second derivatives of the consumer's utility function.

Keywords: demand functions; monotonicity; consumer's utility function (search for similar items in EconPapers)
JEL-codes: D5 (search for similar items in EconPapers)
Date: 1978
References: View complete reference list from CitEc
Citations: View citations in EconPapers (31)

Published in Ekonomika i Matematicheskie Metody (in Russian) 14 (1978): pp. 122-128

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