IN SEARCH OF GIFFEN BEHAVIOR

被引：16

作者：

GILLEY, OW ^{[1
]}

KARELS, GV ^{[1
]}

机构：

[1] UNIV NEBRASKA,DEPT FINANCE,LINCOLN,NE 68588

来源：

ECONOMIC INQUIRY | 1991年 / 29卷 / 01期

关键词：

D O I：

10.1111/j.1465-7295.1991.tb01264.x

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper develops a theory of Giffen behavior that results from a second rationing constraint. In contrast to standard analysis, this approach is virtually independent of the specific form of consumer preferences. The effect is first developed in a two‐good world along with an example, then extended to a more general case to determine if the effect vanishes as the choice set is expanded. The results demonstrate that Giffen behavior is plausible when a second rationing constraint applies and, furthermore, adding additional goods to the choice set does not necessarily cause the effect to vanish. Copyright © 1991, Wiley Blackwell. All rights reserved

引用

页码：182 / 189

页数：8