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Integrability and Generalized Separability

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NBER2018-09-01 更新2025-01-04 收录
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This paper examines demand systems where the demand for a good depends only on its own price, consumer income, and a single aggregator synthesizing information on all other prices. This generalizes directly-separable preferences where the Lagrange multiplier provides such an aggregator. As indicated

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2018-09-01
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