A Note on the Recoverability and Uniqueness of Changing Tastes
Abstract
This paper demonstrates that it will be impossible, by observing an agent's demand behavior, to either refute or confirm the general taste change hypothesis without substantially restricting the class of eligible preferences.
Citation
Donaldson, John, and Larry Selden. "A Note on the Recoverability and Uniqueness of Changing Tastes." Economics Letters 7 (1981): 105-112.
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