Innovation, Income Distribution, and Product Variety

On the basis of a modification of K. Lancaster's characteristics approach and a special class of non-homothetic utility functions individual demand functions are derived. Individual demand is determined in a complex way by the income as well as the product qualities and the unit costs of the of...

Full description

Bibliographic Details

Published in:	MAGKS - Joint Discussion Paper Series in Economics (Band 49-2009)
Main Author:	Vosskamp, Rainer
Format:	Work
Language:	English
Published:	Philipps-Universität Marburg 2009
Subjects:	income distribution innovation Wirtschaft Lancaster's characteristics approach product variety Economics
Online Access:	PDF Full Text
Tags:	Add Tag No Tags, Be the first to tag this record!