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...

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Bibliographic Details
Published in:MAGKS - Joint Discussion Paper Series in Economics (Band 49-2009)
Main Author: Vosskamp, Rainer
Format: Work
Published: Philipps-Universität Marburg 2009
Online Access:PDF Full Text
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