On behavioral complementarity and its implications
نویسندگان
چکیده
منابع مشابه
On behavioral complementarity and its implications
We study the behavioral definition of complementary goods: if the price of one good increases, demand for a complementary good must decrease. We obtain its full implications for observable demand behavior (its testable implications), and for the consumer’s underlying preferences. We characterize those data sets which can be generated by rational preferences exhibiting complementarities. In a mo...
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ژورنال
عنوان ژورنال: Journal of Economic Theory
سال: 2010
ISSN: 0022-0531
DOI: 10.1016/j.jet.2010.08.004