Comparative Statics for Utility Maximization Models with Nonlinear Budget Constraints
研究非线性预算约束下需求函数的性质,并与线性预算约束下的需求函数进行对比,分析两者异同及线性性质向非线性推广的条件。
This paper investigates the properties of demand functions generated by budget constraints, and relates them to those of demand functions generated by budget constraints. The analysis shows that the properties of nonlinear and linear demand functions in some respects are similar, but in other respects differ substantially. The study gives conditions under which properties of the linear demand functions carry over to the nonlinear ones. The implications for the nonlinear demand functions of various separability assumptions are also studied. Copyright 1989 by Economics Department of the University of Pennsylvania and the Osaka University Institute of Social and Economic Research Association.