TY - JOUR AB - A linear utility representation theorem due to Blackwell and Girshick (1953) is used to answer the question as formulated by Grandmont (1987) whether Cobb-Douglas representable preferences are the only ones which are budget-invariant. DA - 1989 DO - 10.1016/0165-1765(89)90148-1 LA - eng IS - 1 M2 - 7 PY - 1989 SN - 0165-1765 SP - 7-10 T2 - Economics Letters TI - CLASSIFICATION OF BUDGET-INVARIANT MONOTONIC PREFERENCES UR - https://nbn-resolving.org/urn:nbn:de:0070-pub-16526299 Y2 - 2024-11-25T00:57:50 ER -