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A probabilistic extension of Lancaster's approach to consumer theory

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References

  • K. J. Lancaster: A New Approach to Consumer Theory, Journal of Political Economy174 (1966), pp. 132–157.

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  • K. J. Lancaster: Goods Aren't Goods, in A. S. C. Ehrenberg and F. G. Pyatt (eds.): Consumer Behaviour, Selected Readings, Penguin Books 1971.

  • J. Marschak: Economics of Information Systems, Appendix A, Journal of American Statistical Association66 (1971), pp. 192–219.

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Author notes

  1. Carlo M. Brumat

    Present address: Insead/Cedep, Boulevard de Constance, 77300, Fontainebleau, France

  2. Luigi M. Tomasini

    Present address: Department of Economics, University of Siena, Italy

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    1. Carlo M. Brumat
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    2. Luigi M. Tomasini
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    Additional information

    The author wishes to acknowledge the Consiglio Nazionale delle Ricerche and the Western Management Science Institute, University of California, Los Angeles.

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    Brumat, C.M., Tomasini, L.M. A probabilistic extension of Lancaster's approach to consumer theory. Zeitschr. f. Nationalökonomie 39, 381–383 (1979). https://doi.org/10.1007/BF01283639

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    • DOI: https://doi.org/10.1007/BF01283639

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