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Market Demand

Theory and Empirical Evidence

Parameter

  • 216 Seiten
  • 8 Lesestunden

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Focusing on market demand, Hildenbrand introduces a groundbreaking theory developed over a decade of research, emphasizing the significance of household heterogeneity over individual rationality in the Law of Demand. The book shifts the traditional analysis from individual behavior to exploring how the properties of market demand arise from the aggregation process. This innovative perspective challenges conventional economic thought and offers new insights into the dynamics of demand in diverse populations.

Publikation

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Market Demand, Werner Hildenbrand

Sprache
Erscheinungsdatum
2014
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(Paperback)
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Untertitel
Theory and Empirical Evidence
Sprache
Englisch
Erscheinungsdatum
2014
Einband
Paperback
Seitenzahl
216
ISBN13
9780691606095
Beschreibung
Focusing on market demand, Hildenbrand introduces a groundbreaking theory developed over a decade of research, emphasizing the significance of household heterogeneity over individual rationality in the Law of Demand. The book shifts the traditional analysis from individual behavior to exploring how the properties of market demand arise from the aggregation process. This innovative perspective challenges conventional economic thought and offers new insights into the dynamics of demand in diverse populations.