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demand function
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Journal Article
History of Political Economy (2016) 48 (2): 307–340.
Published: 01 June 2016
... parallel Engel lines for all individuals) could be assumed, which he regarded as unrealistic. Wicksell preferred Léon Walras's notion of market excess aggregate demand functions, which are functions of prices only. Such functions would not be affected by aggregation problems, if only disequilibrium...
Journal Article
History of Political Economy (2014) 46 (3): 435–461.
Published: 01 September 2014
... of the leading figures in mathematical economics and general equilibrium theory in the Soviet Union and post-Soviet Russia. His papers on the abstract models of exchange, dynamic general equilibrium and optimal growth theory, excess demand correspondences, monotonicity of demand functions, and disequilibrium...
Journal Article
History of Political Economy (2021) 53 (S1): 293–323.
Published: 01 December 2021
...Harro Maas At the end of the 1950s, resource economists developed a method to derive demand functions for recreation sites from travel cost data for recreation planning purposes. Based on this work, a second, direct method of measurement was developed in the early sixties that became known...
Journal Article
History of Political Economy (2023) 55 (2): 279–316.
Published: 01 April 2023
... employed a reduced-form framework to offer evidence on the same debate between the Keynesian expenditure theory and the quantity theory of money. Moreover, these authors also investigated whether the demand-for-money function was stable and inversely related to an interest rate, properties necessary...
FIGURES
Journal Article
History of Political Economy (2015) 47 (4): 547–575.
Published: 01 December 2015
... articles in the same journal (1903, 1910, 1913), explored in great detail the impact of third-party consumption on an individual's utility function and, potentially, on social welfare. In fact, in such cases, the derivation of the market demand curve, and even the very notion of consumer surplus, seemed...
Journal Article
History of Political Economy (2011) 43 (suppl_1): 258–282.
Published: 01 December 2011
... dimensions: “Pooling cross section and time series data
in the estimation of a dynamic model: the demand for natural gas.” They
pointed out that “the more specific problem of estimating the parameters
of demand function, when the demand is cast in dynamic terms and when
observations are drawn from...
Journal Article
History of Political Economy (2009) 41 (Suppl_1): 285–303.
Published: 01 December 2009
...:
If the circumstance that commodity a is produced under conditions of
increasing returns is taken into account as a factor in the elasticity of
demand for b in terms of a, elasticity of demand and elasticity of supply
may be looked upon as different ways of expressing a single functional
relation...
Journal Article
History of Political Economy (2019) 51 (3): 579–599.
Published: 01 June 2019
...Aurélien Saïdi In a 1957 paper, Robert Solow exploited the mathematical properties of the aggregate production function to isolate the role of disembodied “technical change” in economic growth. Solow’s method allowed economists to disentangle the role of technical change from that of production...
Journal Article
History of Political Economy (2006) 38 (Suppl_1): 106–129.
Published: 01 December 2006
.... In Chipman et al. 1971. Barnett, William A. 1979 . Theoretical Foundations for the Rotterdam Model. Review of Economic Studies 46 ( January ): 109 -30. Barten, Anton P. 1964a . Consumer Demand Functions under Conditions of Almost Additive Preferences. Econometrica 32 ( January-April ): 1...
Journal Article
History of Political Economy (1993) 25 (suppl_1): 118–130.
Published: 01 January 1993
..., is a (differentiable) function of the quantities x = (x],x2,
JC3) of the three goods: thus p t = p, (x) for i = 1,2, 3. Since price is the
dependent, rather than the independent variable, these demand func
tions are the inverse of the standard Walrasian demand functions where
Xj = Xi(p...
Journal Article
History of Political Economy (1976) 8 (3): 428–434.
Published: 01 September 1976
... G. Witte
Much of the discussion concerning Keynes’ aggregate supply and
demand functions over the past two decades has consisted of endless
manipulation of identities, with little of substance emerging. That the
last word has not been said on the matter is evidenced...
Journal Article
History of Political Economy (1971) 3 (1): 190–197.
Published: 01 March 1971
..., these
assessments have been eclipsed ‘by the views of a number of other com-
mentators who have identified Cownot’s demand curve with Alfred
Marshall’s utility-based theoretical function. Henry S~hultz,~J. A.
S~humpeter,~and others may be placed...
Journal Article
History of Political Economy (2006) 38 (Suppl_1): 213–227.
Published: 01 December 2006
.... Econometrica 67 : 1435 -57. Debreu, G. 1974 . Excess Demand Functions. Journal of Mathematical Economics 1 : 15 -21. Fernández López, M. 2001 . La ciencia económica Argentina en el siglo XX. Estudios económicos , n.s., 18 : 1 -30. Mantel, R. 1968 . Towards a Constructive Proof...
Journal Article
History of Political Economy (1993) 25 (3): 499–514.
Published: 01 September 1993
... of Demand Theory . Oxford: Clarendon. Hicks , John , and R. G. D. Allen. 1934 . A Reconsideration of the Theory of Value. Economica 1 ( February ): 52 -76 and 1 (May): 196–219. Houthakker , Hendrik . 1950 . Revealed Preference and the Utility Function. Economica 17 ( May ): 159 -74...
Journal Article
History of Political Economy (2006) 38 (Suppl_1): 153–185.
Published: 01 December 2006
..., Harold. 1932a . Edgeworth's Taxation Paradox and the Nature of Demand and Supply Functions. Journal of Political Economy 40 : 577 -616. ____. 1932b . Review of Ragnar Frisch's New Methods of Measuring Marginal Utility. Journal of the American Statistical Association 27 : 451 -52...
Journal Article
History of Political Economy (2006) 38 (Suppl_1): 228–245.
Published: 01 December 2006
...S. Abu Turab Rizvi Duke University Press 2006 Afriat, S. 1967 . The Construction of a Utility Function from Demand Data. International Economic Review 8 : 67 -77. Andreu, J. 1982 . Rationalization of Market Demand on Finite Domains. Journal of Economic Theory 28 : 201 -4...
Journal Article
History of Political Economy (2002) 34 (3): 553–597.
Published: 01 September 2002
.... C. Heath. Corlett, W. J., and P. K. Newman. 1952 . A Note on Revealed Preference and the Transitivity Condition. Review of Economic Studies 20.2 : 156 -58. Court, Louis M. 1941 . Invariable Classical Stability of Entrepreneurial Demand and Supply Functions. Quarterly Journal of Economics...
Journal Article
History of Political Economy (2006) 38 (Suppl_1): 86–105.
Published: 01 December 2006
.... 1934a . A Reconsideration of the Theory of Value. Pt. 1. Economica 1.1 : 52 -76. ____. 1934b . A Reconsideration of the Theory of Value. Pt. 2: A Mathematical Theory of Individual Demand Functions. Economica 1.2 : 196 -219. Houthakker, H. S. 1950 . Revealed Preference and the Utility...
Journal Article
History of Political Economy (1989) 21 (4): 737–741.
Published: 01 November 1989
... supply and de-
mand analysis.
Professor Patinkin’s refutation is fundamentally based on two analytical
points:
First, Patinkin claims that Fusfeld’s Fig. 1 is inconsistent with the “basic
properties” of Keynes’ “description of the aggregate demand function in
Chapter 3 of this book (pp. 29...
Journal Article
History of Political Economy (1989) 21 (3): 549–553.
Published: 01 September 1989
... and de-
mand analysis.
Professor Patinkin’s refutation is fundamentally based on two analytical
points:
First, Patinkin claims that Fusfeld’s Fig. 1 is inconsistent with the “basic
properties” of Keynes’ “description of the aggregate demand function in
Chapter 3 of this book (pp. 29, 31...
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