Market demand: theory and empirical evidence:
In a major work that is the culmination of over a decade of intensive research, Werner Hildenbrand presents a new theory of market demand, the principal aim of which is to identify the conditions under which the Law of Demand holds true. Hildenbrand argues that the Law of Demand is due mainly to the...
Saved in:
| Main Author: | |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Princeton, NJ
Princeton Univ. Press
1994
|
| Edition: | 1. print. |
| Series: | Frontiers of economic research
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| Subjects: | |
| Summary: | In a major work that is the culmination of over a decade of intensive research, Werner Hildenbrand presents a new theory of market demand, the principal aim of which is to identify the conditions under which the Law of Demand holds true. Hildenbrand argues that the Law of Demand is due mainly to the "heterogeneity" of the population of households. In his view, "rationality" of individual behavior plays only a minor role While the traditional approach to the theory of market demand is to analyze the question, To what extent are the postulated properties of individual behavior preserved by going from individual to market demand?, this book asks the question, Which properties of the market demand function are created by the aggregation process Two hypotheses on the population of households play a key role in Hildenbrand's thinking. The first is the "increasing dispersion" and the second the "increasing spread" of households' demand. These hypotheses can easily be interpreted and are a priori plausible. For a positive theory of market demand, according to Hildenbrand, it is more important that the hypotheses are well supported by empirical evidence |
| Physical Description: | X, 204 S. graph. Darst. |
| ISBN: | 0691034281 |
Staff View
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| 520 | 3 | |a In a major work that is the culmination of over a decade of intensive research, Werner Hildenbrand presents a new theory of market demand, the principal aim of which is to identify the conditions under which the Law of Demand holds true. Hildenbrand argues that the Law of Demand is due mainly to the "heterogeneity" of the population of households. In his view, "rationality" of individual behavior plays only a minor role | |
| 520 | |a While the traditional approach to the theory of market demand is to analyze the question, To what extent are the postulated properties of individual behavior preserved by going from individual to market demand?, this book asks the question, Which properties of the market demand function are created by the aggregation process | ||
| 520 | |a Two hypotheses on the population of households play a key role in Hildenbrand's thinking. The first is the "increasing dispersion" and the second the "increasing spread" of households' demand. These hypotheses can easily be interpreted and are a priori plausible. For a positive theory of market demand, according to Hildenbrand, it is more important that the hypotheses are well supported by empirical evidence | ||
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| id | DE-604.BV021927365 |
| illustrated | Illustrated |
| index_date | 2024-07-02T16:06:04Z |
| indexdate | 2024-07-09T20:47:35Z |
| institution | BVB |
| isbn | 0691034281 |
| language | English |
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| physical | X, 204 S. graph. Darst. |
| publishDate | 1994 |
| publishDateSearch | 1994 |
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| publisher | Princeton Univ. Press |
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| series2 | Frontiers of economic research |
| spelling | Hildenbrand, Werner 1936- Verfasser (DE-588)107112884 aut Market demand: theory and empirical evidence Werner Hildenbrand 1. print. Princeton, NJ Princeton Univ. Press 1994 X, 204 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Frontiers of economic research In a major work that is the culmination of over a decade of intensive research, Werner Hildenbrand presents a new theory of market demand, the principal aim of which is to identify the conditions under which the Law of Demand holds true. Hildenbrand argues that the Law of Demand is due mainly to the "heterogeneity" of the population of households. In his view, "rationality" of individual behavior plays only a minor role While the traditional approach to the theory of market demand is to analyze the question, To what extent are the postulated properties of individual behavior preserved by going from individual to market demand?, this book asks the question, Which properties of the market demand function are created by the aggregation process Two hypotheses on the population of households play a key role in Hildenbrand's thinking. The first is the "increasing dispersion" and the second the "increasing spread" of households' demand. These hypotheses can easily be interpreted and are a priori plausible. For a positive theory of market demand, according to Hildenbrand, it is more important that the hypotheses are well supported by empirical evidence Demande (Théorie économique) - Modèles mathématiques Huishoudingen gtt Ménages (Statistique) - Aspect économique - Modèles mathématiques Unidad doméstica - Aspectos económicos - Modelos matemáticos Vraag gtt Wiskundige modellen gtt Mathematisches Modell Demand (Economic theory) Mathematical models Households Economic aspects Mathematical models Nachfrage (DE-588)4041036-5 gnd rswk-swf Mathematisches Modell (DE-588)4114528-8 gnd rswk-swf Nachfragetheorie (DE-588)4171014-9 gnd rswk-swf Nachfrage (DE-588)4041036-5 s Mathematisches Modell (DE-588)4114528-8 s 1\p DE-604 Nachfragetheorie (DE-588)4171014-9 s 2\p DE-604 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 2\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Hildenbrand, Werner 1936- Market demand: theory and empirical evidence Demande (Théorie économique) - Modèles mathématiques Huishoudingen gtt Ménages (Statistique) - Aspect économique - Modèles mathématiques Unidad doméstica - Aspectos económicos - Modelos matemáticos Vraag gtt Wiskundige modellen gtt Mathematisches Modell Demand (Economic theory) Mathematical models Households Economic aspects Mathematical models Nachfrage (DE-588)4041036-5 gnd Mathematisches Modell (DE-588)4114528-8 gnd Nachfragetheorie (DE-588)4171014-9 gnd |
| subject_GND | (DE-588)4041036-5 (DE-588)4114528-8 (DE-588)4171014-9 |
| title | Market demand: theory and empirical evidence |
| title_auth | Market demand: theory and empirical evidence |
| title_exact_search | Market demand: theory and empirical evidence |
| title_exact_search_txtP | Market demand: theory and empirical evidence |
| title_full | Market demand: theory and empirical evidence Werner Hildenbrand |
| title_fullStr | Market demand: theory and empirical evidence Werner Hildenbrand |
| title_full_unstemmed | Market demand: theory and empirical evidence Werner Hildenbrand |
| title_short | Market demand: theory and empirical evidence |
| title_sort | market demand theory and empirical evidence |
| topic | Demande (Théorie économique) - Modèles mathématiques Huishoudingen gtt Ménages (Statistique) - Aspect économique - Modèles mathématiques Unidad doméstica - Aspectos económicos - Modelos matemáticos Vraag gtt Wiskundige modellen gtt Mathematisches Modell Demand (Economic theory) Mathematical models Households Economic aspects Mathematical models Nachfrage (DE-588)4041036-5 gnd Mathematisches Modell (DE-588)4114528-8 gnd Nachfragetheorie (DE-588)4171014-9 gnd |
| topic_facet | Demande (Théorie économique) - Modèles mathématiques Huishoudingen Ménages (Statistique) - Aspect économique - Modèles mathématiques Unidad doméstica - Aspectos económicos - Modelos matemáticos Vraag Wiskundige modellen Mathematisches Modell Demand (Economic theory) Mathematical models Households Economic aspects Mathematical models Nachfrage Nachfragetheorie |
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