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Compensated and direct demand without transitive and complete preferences

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Abstract

Income compensation functions based on preference relations that are not required to be transitive or complete are studied, and a nearly complete theory of compensated consumer behaviour is developed, using a weaker version of representability.

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  1. Institut für Wirtschaftstheorie und OR der Universität Karlsruhe, Am Schloss/Bau IV, 7500, Karlsruhe, FRG

    Susanne Fuchs-Seliger

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  1. Susanne Fuchs-Seliger
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Fuchs-Seliger, S. Compensated and direct demand without transitive and complete preferences. Ann Oper Res 23, 299–310 (1990). https://doi.org/10.1007/BF02204854

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