Abstract
In [EiV1] and [EiV2] a set of axioms based on sound economic reasoning was introduced, which a function should satisfy in order to be called a price index. There the problem was already posed how to characterize these sets of functions in mathematical terms. After introducing, for mathematical reasons only, a slight generalization of the axioms this paper presents one possible solution of this problem.
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References
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Gleißner, W. A characterization of the price indices satisfying the Eichhorn-Voeller axioms. Statistical Papers 31, 241–250 (1990). https://doi.org/10.1007/BF02924697
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DOI: https://doi.org/10.1007/BF02924697