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| Title Details: | |
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The substitution effect and the income effect in the case of many goods |
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| Authors: |
Tsounis, Nicholas |
| Reviewer: |
Agiomirgianakis, George M. |
| Description: | |
| Abstract: |
The substitution effect and the income effect in the case of many goods are calculated, and the indirect utility function and the compensatory demand function are constructed. The expenditure function is presented and the income effect and substitution effect on normal, inferior and Giffen goods are explained using the Slutsky equation.
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| Linguistic Editors: |
Antonopoulos, Yannis |
| Graphic Editors: |
Stavropoulos, Ilias |
| Type: |
Chapter |
| Creation Date: | 16-01-2024 |
| Item Details: | |
| License: |
Attribution - NonCommercial - ShareAlike 4.0 International (CC BY-NC-SA 4.0) |
| Handle | http://hdl.handle.net/11419/12152 |
| Bibliographic Reference: | Tsounis, N. (2024). The substitution effect and the income effect in the case of many goods [Chapter]. In Tsounis, N. 2024. Theory of the Consumer Behaviour [Postgraduate textbook]. Kallipos, Open Academic Editions. https://hdl.handle.net/11419/12152 |
| Language: |
Greek |
| Is Part of: |
Theory of the Consumer Behaviour |
| Publication Origin: |
Kallipos, Open Academic Editions |