Consider the following three incomplete demand system specifications for goods indexed j=1,,J: Using the results derived in

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Consider the following three incomplete demand system specifications for goods indexed j=1,…,J:

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Using the results derived in von Haefen (2002), for each system state:

(a) the parameter restrictions needed for consistency with the integrability conditions;

(b) the quasi-indirect utility and quasi-expenditure functions.

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A Course In Environmental Economics

ISBN: 9781316866818

1st Edition

Authors: Daniel J Phaneuf, Till Requate

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