Demand Analysis and the Flow of Time in Consumption
Abstract
Consumption analysis is one of the most refined branches of economic theory. Over a century of scholarly efforts in utility analysis has created an impressive body of logic that incorporates the most advanced tools of mathematics. But despite the elaborate refinements it has also become one of the least operational of economic analyses. It is so highly general that it offers little in the way of testable predictions[l].
Citation
Bernhardt, P.G. (1987), "Demand Analysis and the Flow of Time in Consumption", International Journal of Social Economics, Vol. 14 No. 3/4/5, pp. 199-206. https://doi.org/10.1108/eb014060
Publisher
:MCB UP Ltd
Copyright © 1987, MCB UP Limited