Chapter

Combinatorics of Demand

S. N. Afriat

in Logic of Choice and Economic Theory

Published in print November 1987 | ISBN: 9780198284611
Published online November 2003 | e-ISBN: 9780191595844 | DOI: http://dx.doi.org/10.1093/0198284616.003.0009
 Combinatorics of Demand

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This is the third of six chapters in Part II about demand and utility cost, a typical area for what is understood as choice theory. It discusses the combinatorics of demand. Its six sections are: general consistency (of the normal demand); cross‐costs (of demand); classical consistency (of demands); multiplier‐level solutions (to demand); utility cost; and classical limits (with reference to classical utilities belonging to multiplier‐level classes of compatible utilities).

Keywords: choice; choice theory; classical consistency; classical limits; classical utilities; compatible utilities; cross‐costs; demand; multiplier‐level solutions; normal demand; utility cost

Chapter.  8043 words. 

Subjects: Microeconomics

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