Abstract
Consumer Marshallian demand functions are obtained by maximising the utility function (objective function) subject to a budget constraint. However, the consumer utility function is not directly observed, while its level of income and the quantities demanded are.
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Coto-Millán, P. (2003). Study of the Econometric Applications: Demand Functions and Systems. In: Utility and Production. Contributions to Economics. Physica, Heidelberg. https://doi.org/10.1007/978-3-642-57330-9_5
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DOI: https://doi.org/10.1007/978-3-642-57330-9_5
Publisher Name: Physica, Heidelberg
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