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Demand Functions and the Slutsky Matrix. (PSME-7), Volume 7

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The utility idea has had a long history in economics, especially in the explanation of demand and in welfare economics. In a comprehensive survey and critique of the Slutsky theory and the pattern to which it belongs in the economic context, S. N. Afriat offers a resolution of questions central to its main idea, including sufficient conditions as well.

Originally published in 1980.

The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-o...