Reconsidering the Economics of Demand Analysis with Kinked Budget Constraints
收藏NBER2008-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w14304
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资源简介：
This paper has two objectives. First, we identify a problem with the ability of the discrete-continuous choice (DCC) framework and conditional demand functions to fully describe consumer preferences in the presence of kinked budget constraints. Second, we propose and illustrate an alternative,
提供机构：
美国国家经济研究局
创建时间：
2008-09-01
