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"On the differentiability of the benefit function": correction and addendum

Author

Listed:
  • Bertrand Crettez

    (Universite de Franche-Comte, Libre)

  • Nayla Hayek

    (Universite de Franche-Comte, Libre, Cermsem)

  • Jean-Michel Courtault

    (Universite de Franche-Comte, Libre)

Abstract

The proposition 1 of our paper "On the differentiability of the benefit function" (Economics Bulletin, March, 24) is incorrect under the assumption 1. We provide two alternative versions of this assumption under which the statement of proposition 1 holds true.

Suggested Citation

  • Bertrand Crettez & Nayla Hayek & Jean-Michel Courtault, 2004. ""On the differentiability of the benefit function": correction and addendum," Economics Bulletin, AccessEcon, vol. 4(7), pages 1-3.
    • Handle: RePEc:ebl:ecbull:eb-04d00002
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    Citations

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    Cited by:

    1. Raphaël Giraud, 2012. "Money matters: an axiomatic theory of the endowment effect," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 50(2), pages 303-339, June.
    2. Mauricio Benegas & Emerson Marinho, 2008. "Duality, Net Supply, and The Directional Distance Function," Anais do XXXVI Encontro Nacional de Economia [Proceedings of the 36th Brazilian Economics Meeting] 200807211656140, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].

    More about this item

    Keywords

    Benefit function;

    JEL classification:

    • D0 - Microeconomics - - General

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