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La teoría del consumidor: dualidad, elasticidades, restricciones de la demanda y bienestar
[Consumer theory: duality, elasticities, constraints of the demand and welfare]

Author

Listed:
  • Ávalos, Eloy

Abstract

In this paper we explore the minimization of expenditure, less important theorems of this approach, which must be met given the conditions of the preferences and the budget set. We will study the conditions of constraints of the demand, relating them to the different elasticities of Marshallian and Hicksian demands. Finally we will discuss the analysis of consumer welfare when prices change.

Suggested Citation

  • Ávalos, Eloy, 2011. "La teoría del consumidor: dualidad, elasticidades, restricciones de la demanda y bienestar [Consumer theory: duality, elasticities, constraints of the demand and welfare]," MPRA Paper 41895, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:41895
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    File URL: https://mpra.ub.uni-muenchen.de/41895/1/MPRA_paper_41895.pdf
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    More about this item

    Keywords

    Función indirecta de utilidad; función de gasto mínimo; lema de Shephard; identidad de Roy; elasticidades; variación compensatoria; variación equivalente; excedente del consumidor;
    All these keywords.

    JEL classification:

    • D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
    • D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles

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