Economics at your fingertips  

The Last Word on Giffen Goods?

John Nachbar

GE, Growth, Math methods from EconWPA

Abstract: Giffen goods have long been a minor embarrassment to courses in microeconomic theory. The standard approach has been to dismiss Giffen goods as a theoretical curiosity without empirical content. This note points out that the underlying theory is itself seriously flawed.

Keywords: Giffen goods; demand theory; general equilibrium theory (search for similar items in EconPapers)
JEL-codes: A22 A23 C62 D51 (search for similar items in EconPapers)
Date: 1996-02-14
Note: Type of Document - Postscript from AMS-LaTeX; prepared on Macintosh; to print on Postscript; pages: 14
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed

Downloads: (external link) (application/pdf) (application/x-tex) (application/postscript)

Related works:
Journal Article: The last word on Giffen goods? (1998) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this paper

More papers in GE, Growth, Math methods from EconWPA
Series data maintained by EconWPA ().

Page updated 2017-09-29
Handle: RePEc:wpa:wuwpge:9602001