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Traduction indirecte addilog des fonctions indirectes d'utilité .
Author(s) -
Conniffe Denis
Publication year - 2006
Publication title -
canadian journal of economics/revue canadienne d'économique
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.773
H-Index - 69
eISSN - 1540-5982
pISSN - 0008-4085
DOI - 10.1111/j.1540-5982.2006.00394.x
Subject(s) - flexibility (engineering) , compatibility (geochemistry) , scope (computer science) , variety (cybernetics) , computer science , consumer demand , translation (biology) , mathematical optimization , economics , microeconomics , mathematics , artificial intelligence , engineering , management , biochemistry , chemistry , chemical engineering , messenger rna , gene , programming language
The difficulty of specifying a set of consumer demand equations that can simultaneously display compatibility with rational economic behaviour (regularity) and have the capacity to represent a comprehensive spectrum of consumer behaviour (flexibility) is well known. A variety of approaches have been investigated in the literature, but scope for substantial improvement remains. The approach of this paper is to start from indirect utility functions producing globally regular, if inflexible, systems and to improve flexibility by adding parameters through a device termed ‘indirect addilog translation.’