Compensated and direct demand without transitive and complete preferences |
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Authors: | Susanne Fuchs-Seliger |
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Institution: | (1) Institut für Wirtschaftstheorie und OR der Universität Karlsruhe, Am Schloss/Bau IV, 7500 Karlsruhe, FRG |
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Abstract: | Income compensation functions based on preference relations that are not required to be transitive or complete are studied, and a nearly complete theory of compensated consumer behaviour is developed, using a weaker version of representability. |
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