Footnote:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments June 20, 2005 erstellt
Description:
We present some simple utility functions whose Marshallian demand functions possess the Giffen property: at some price-wealth pairs, the demand for a good marginally increases in response to an increase in its own price. The utility functions satisfy standard preference properties throughout the usual consumption set of non-negative bundles: continuity, monotonicity, and convexity