MULTIVALUED DEMAND AND RATIONAL CHOICE IN THE 2-COMMODITY CASE

Authors
BLACKORBY C BOSSERT W DONALDSON D
Citation
C. Blackorby et al., MULTIVALUED DEMAND AND RATIONAL CHOICE IN THE 2-COMMODITY CASE, Economics letters, 47(1), 1995, pp. 5-10
Citations number
10
Categorie Soggetti
Economics
Journal title
Economics letters → ACNP
ISSN journal
01651765
Volume
47
Issue
1
Year of publication
1995
Pages
5 - 10
Database
ISI
SICI code
0165-1765(1995)47:1<5:MDARCI>2.0.ZU;2-9
Abstract
We show that the weak and strong congruence axioms for consumer demand correspondences are equivalent if there are only two commodities. Thi s result generalizes a well-known analogous equivalence theorem that a pplies to single-valued demands.