Not all Giffen goods, are inferior goods

نویسندگان

چکیده

It is well known in the economic literature that labour supply curve can bend backwards and, therefore, leisure be a Giffen good. also normal This article proves if good, it has to result that, contrary common knowledge economics, not all goods, are inferior goods. These results could taken into account, for example, when finding empirical evidence and designing policies on supply, an era of machine learning artificial intelligence.

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ژورنال

عنوان ژورنال: Cuadernos de Economía

سال: 2023

ISSN: ['2248-4337', '0121-4772']

DOI: https://doi.org/10.15446/cuad.econ.v42n89.97316