Consumer demand : a new approach /

By:

Lancaster, Kelvin

Material type: Text

TextSeries: Columbia Studies in Economics 5Publication details: New York: Columbia University Press, c1971.Description: 177 pISBN:

0231033575

Subject(s):

DDC classification:

338.5 LAN

LOC classification:

HB801 .L23

Summary: The book is concerned primarily with consumer demand. The aim of the present work is to provide a fully integrated theory of consumer choice and demand, in which the characteristics of goods are taken explicitly into account, as an alternative to ad hoc models devised to deal with special situations. Such a theory provides a basic structure within which product variations and new goods fit easily and naturally. The first part of the book is devoted to the basic development of the characteristic approach, largely in terms of a linear technology, and its application to demand theory. The second part of the book explores the requirements for making the characteristics approach operationally useful.

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Holdings
Item type	Current library	Collection	Call number	Status	Date due	Barcode
Monograph & others	CBN HQ Library General Stacks	Non-fiction	338.5 LAN (Browse shelf(Opens below))	Available		31008100132154

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Previous	338.5 KAT An introduction to the economic theory of market behavior :	338.5 KAT An introduction to the economic theory of market behavior :	338.5 KOU Modern microeconomics /	338.5 LAN Consumer demand :	338.5 LEF Introduction to microeconomics /	338.5 LIN Applied price theory /	338.5 MAN Microeconomics :	Next

Issue 5 of Columbia studies in economics

Includes bibliographical references.

The book is concerned primarily with consumer demand. The aim of the present work is to provide a fully integrated theory of consumer choice and demand, in which the characteristics of goods are taken explicitly into account, as an alternative to ad hoc models devised to deal with special situations. Such a theory provides a basic structure within which product variations and new goods fit easily and naturally. The first part of the book is devoted to the basic development of the characteristic approach, largely in terms of a linear technology, and its application to demand theory. The second part of the book explores the requirements for making the characteristics approach operationally useful.

rpm 23/10/2017

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