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Demand System Specification and Estimation (Revised)

Demand System Specification and Estimation (Revised)

by Wales, Terence J
No customer reviews yet ISBN 9780195101218 Oxford University Press

This book explores the principal issues involved in bridging the gap between the pure theory of consumer behavior and its empirical implementation. The theoretical starting point is the familiar static, one-period, utility maximizing model in which the consumer allocates a fixed budget among competing categories of goods. The authors focus upon four issues of primary importance in empirical demand analysis: the structure of preferences, the treatment of demographic variables, treatment of dynamics, and the specification of the stochastic structure of the demand system.

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Product details

BrandOxford University Press
Pub dateSep 7, 1995
ISBN-100195101219
ISBN-139780195101218
LanguageEnglish
Dimensions9.25 × 0.72 × 6.06 in
Weight1 lb
Last updated 2026-08-03 17:20
$144.68
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