WebFeb 8, 2013 · The set of minimum concavity points based on \(u\) corresponds to all of \(\varOmega \) for the widely referenced classes of homothetic and quasihomothetic … WebFeb 8, 2013 · For a natural extension of the constant elasticity of substitution member of the Modified Bergson family that is neither homothetic nor quasihomothetic, we create the …
Strategy-proofness in linear production economies with ... - Springer
WebDec 1, 2010 · The paper argues that many choice situations involve a more complicated constraint structure than the standard linear budget constraint and consumption set. … In consumer theory, a consumer's preferences are called homothetic if they can be represented by a utility function which is homogeneous of degree 1. For example, in an economy with two goods , homothetic preferences can be represented by a utility function that has the following property: for every : In mathematics, a homothetic function is a monotonic transformation of a function which is homo… scope bridgwater
Effects of Structural Constraints and Costs on Choices - DeepDyve
http://www.econ.ucla.edu/iobara/LecturePreferenceandUtility201A.pdf Web2 ABSTRACT The present paper analyzes the pattern of trade under quasi-linear preferences using a general-equilibrium, two-good, and two-country framework, in which country-size (measured by the WebA CHARACTERIZATION THEOREM FOR LIGHTLIKE HYPERSURFACES 17 functions on Mand by ( E) the F(M) module of smooth sections of a vector bundle Eover M. scope breath