Anmerkungen:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments July 14, 2011 erstellt
Beschreibung:
Aiming at the wrong recognition over one century that Giffen goods are special examples of demand law and Giffen goods are rare, this paper strictly proves that the demand curve of any Giffen goods can only slopes lower right and any commodity that complies with the demand law would probably become Giffen goods under certain conditions, and it defines and demonstrates the macroscopic Giffen phenomenon. This paper harshly criticizes the Giffen goods theory under consumer’s behavior theory