Erschienen in:University of Milan Bicocca Department of Economics, Management and Statistics Working Paper ; No. 459
Umfang:
1 Online-Ressource (6 p)
Sprache:
Englisch
Entstehung:
Anmerkungen:
In: University of Milan Bicocca Department of Economics, Management and Statistics Working Paper No. 459
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments January 13, 2021 erstellt
Beschreibung:
We present preferences exhibiting a so-called subordinate good, namely a commodity that receives a negative price-cost margin according to Ramsey pricing. We also show that they deliver Ramsey quantities proportional to the efficient ones