Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5062629 | Economics Letters | 2006 | 7 Pages |
Abstract
We study a class of quasi-homothetic preferences, which result in demands that are logarithmic in own prices when these have a negligible impact on aggregate prices (as in monopolistic competition models). Thus marginal revenues are computationally friendly and well behaved.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Paolo Bertoletti,