Demand is what the consumer can and is willing to buy at a given price over a given time period. Analyzing demand is a complicated process that takes into account many variables. Economists and ...
This paper deals with estimation of a complete system of Fourgeaud-Nataf-Nasse demand functions with an error components specification. Household budget data, with ...
Utility functions offer a means to encode objectives and preferences in investor portfolios. The functions allow one to place a score on outcomes and then identify optimal portfolios by maximizing ...
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