A SELF-REFLECTIVE INVERSE DEMAND SYSTEM

Kenneth Clements and Maxwell Maesepp
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Maxwell Maesepp: UWA Business School, The University of Western Australia

No 09-09, Economics Discussion / Working Papers from The University of Western Australia, Department of Economics

Abstract: This paper introduces an inverse differential demand system that has exactly the same form as the corresponding direct version. Its application is illustrated with the case of Australian fruit, whose prices were substantially affected by Severe Tropical Cyclone Larry in 2006.

Pages: 17 pages
Date: 2009
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Related works:
Journal Article: A self-reflective inverse demand system (2011)
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Persistent link: https://EconPapers.repec.org/RePEc:uwa:wpaper:09-09

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