TY  - JOUR
AB  - In this paper we show that for a large subset of utility functions in the space of all C 1 utility functions and for all prices the mean demand of those consumers whose taste is represented by a given utility function in that subset is uniquely determined. This implies that for a large set of economies mean demand is a continuous function. Our analysis uses derivatives of first and of higher order. The result is essentially a consequence of the multijet transversality theorem.
DA  - 1980
DO  - 10.1016/0304-4068(80)90018-X
LA  - eng
IS  - 1
M2  - 27
PY  - 1980
SN  - 0304-4068
SP  - 27-33
T2  - Journal of Mathematical Economics
TI  - Continuous mean demand functions derived from non-convex preferences
UR  - https://nbn-resolving.org/urn:nbn:de:0070-pub-17814086
Y2  - 2024-11-21T16:57:05
ER  -