Description: Demand System Specification and Estimation, Paperback by Pollak, Robert A.; Wales, Terence J., ISBN 0195101219, ISBN-13 9780195101218, Like New Used, Free P&P in the UK This book explores the principal issues involved in bridging the gap between the pure theory of consumer behavior and its empirical implementation. The theoretical starting point is the familiar static, one-period, utility maximizing model in which the consumer allocates a fixed budget among competing categories of goods. The authors focus upon four issues of primary importance in empirical demand analysis: the structure of preferences, the treatment of demographic variables, treatment of dynamics, and the specification of the stochastic structure of the demand system.
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Book Title: Demand System Specification and Estimation
Number of Pages: 230 Pages
Publication Name: Demand System Specification and Estimation
Language: English
Publisher: Oxford University Press
Item Height: 234 mm
Subject: Economics
Publication Year: 1995
Type: Textbook
Item Weight: 365 g
Author: Terence J. Wales, Robert A. Pollak
Item Width: 153 mm
Format: Paperback
