On the impirical exploitation of consumers' profit functions in static analyses

Russel Cooper; Keith R. McLaren; Gary K. K. Wong

On the impirical exploitation of consumers' profit functions in static analyses

Russel Cooper, Keith R. McLaren, Gary K. K. Wong

Research output: Contribution to journal › Article

Abstract

This paper proposes the empirical exploitation of the consumerÃƒÂ¢Ã¢"šÂ¬Ã¢"žÂ¢s profit function in representing preferences, and specifying estimable yet general demand systems. An empirical application demonstrates the value of this generalisation and the feasibility of the proposed method.

Original language	English
Journal	Economics Letters
Publication status	Published - 2001

Keywords

consumers
demand systems
exploitation

Cite this

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author = "Russel Cooper and McLaren, {Keith R.} and Wong, {Gary K. K.}",

year = "2001",

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T1 - On the impirical exploitation of consumers' profit functions in static analyses

AU - Cooper, Russel

AU - McLaren, Keith R.

AU - Wong, Gary K. K.

PY - 2001

Y1 - 2001

N2 - This paper proposes the empirical exploitation of the consumerÃƒÂ¢Ã¢"šÂ¬Ã¢"žÂ¢s profit function in representing preferences, and specifying estimable yet general demand systems. An empirical application demonstrates the value of this generalisation and the feasibility of the proposed method.

AB - This paper proposes the empirical exploitation of the consumerÃƒÂ¢Ã¢"šÂ¬Ã¢"žÂ¢s profit function in representing preferences, and specifying estimable yet general demand systems. An empirical application demonstrates the value of this generalisation and the feasibility of the proposed method.

KW - consumers

KW - demand systems

KW - exploitation

UR - http://handle.uws.edu.au:8081/1959.7/34614

M3 - Article

SN - 0165-1765

JO - Economics Letters

JF - Economics Letters

ER -

On the impirical exploitation of consumers' profit functions in static analyses

Abstract

Keywords

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