Consumer Response to Increased Variety in Demand and Inverse Demand Systems with Consistent Preferences

2021 ◽  
Author(s):  
William C. Kolberg
1993 ◽  
Vol 25 (1) ◽  
pp. 217-227 ◽  
Author(s):  
Kuo S. Huang

AbstractA set of ordinary and inverse demand systems for U.S. quarterly meat consumption is estimated for use to measure the effects of U.S. meat trade on consumers' welfare. The approach is useful to incorporate all direct- and cross-commodity effects into price forecasting and the Hicksian compensating variation measurement.


1995 ◽  
Vol 20 (3) ◽  
pp. 519-530 ◽  
Author(s):  
Mark G. Brown ◽  
Jonq-Ying Lee ◽  
James L. Seale

2008 ◽  
Vol 37 (2) ◽  
pp. 243-256 ◽  
Author(s):  
Youngjae Lee ◽  
P. Lynn Kennedy

This study analyzes quantity impacts of imported crawfish tailmeat on Louisiana crawfish tailmeat prices, and demonstrates the statistical validity and proper interpretation of cross substitution within inverse demand systems. Among five inverse demand systems, the Differential Inverse National Bureau of Research (DINBR) model shows no violation of econometric assumptions for the data analyzed. By using Allais coefficients proposed by Barten and Bettendorf (1989), we show substitutability among the five fish species.


2001 ◽  
Vol 83 (1) ◽  
pp. 230-245 ◽  
Author(s):  
Robert H. Beach ◽  
Matthew T. Holt

1983 ◽  
Vol 23 (3) ◽  
pp. 329-337 ◽  
Author(s):  
Kuo S. Huang

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