Henao Atehortúa , Edison Fred (1996) Modelling consumer behaviour: a comparison between aids and the stone-geary models. Ensayos de economía, 7 (11). pp. 135-146. ISSN 0121-117x
Texto completo
![]() |
PDF
- Versión Aceptada
Available under License Creative Commons Attribution Non-commercial No Derivatives. 931kB |
Resumen
This work responds to the question: Why are the Almost Ideal Demand System (AIDS) and its quadratic extension, the QUAIDS model better ways ofmodelling consumer behaviour than the StoneGeary' Models? Thus, the work shall deal with proposals of singleequation (or separated equations) and with systems ofequattons where the theory is more striking. The work starts by defining what is known as consumer behaviour. Secondly, it makes a presentation of the restrictions or properties that demand functions have to possess. Thirdly, tt makes a brief presentation of each model and its main chacterístics, limitations and empirical evidence of using each. In this paragraph, the essay illustrates how can changes in sorne exogenous vanables affect on the consumption ofparticular commodities with especial reference to the way in which different models can allow for the impact ofchanges in income. Finally sorne concluding remarks are made
Tipo de documento: | Artículo - Article | |
---|---|---|
Palabras clave: | Consumer behaviour; Demand; Aids; Stone-geary | |
Temática: | 3 Ciencias sociales / Social sciences > 33 Economía / Economics | |
Unidad administrativa: | Sede Medellín > Facultad de Ciencias Humanas y Económicas > Escuela de Economía | |
Código ID: | 5568 | |
Enviado por : | Biblioteca Sede Medellín Universidad Nacional de Colombia | |
Enviado el día : | 12 Enero 2012 22:04 | |
Ultima modificación: | 12 Enero 2012 22:04 | |
Ultima modificación: | 12 Enero 2012 22:04 | |
Exportar: | Clic aquí | |
Estadísticas: | Clic aquí | |
Compartir: |
|
Solamente administradores del repositorio: página de control del ítem