New Insights into the Theory of Giffen Goods

One might expect that after their identification in the 19th century, all aspects of Giffen goods would have been studied by now. This appears not to be the case. This book contains the latest insights into the theory of Giffen goods. In the past, surprisingly few goods could be categorized as “Giff...

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Bibliographic Details
Other Authors: Heijman, Wim (Editor), Mouche, Pierre (Editor)
Format: eBook
Published: Berlin, Heidelberg Springer Berlin Heidelberg 2012, 2012
Edition:1st ed. 2012
Series:Lecture Notes in Economics and Mathematical Systems
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
Table of Contents:
  • Introduction
  • Notes on Some Theories of Giffen Behaviour
  • Exact and Useful Optimization Methods for Microeconomics
  • On the Definitions of Giffen and Inferior Goods
  • Giffen Behaviour and Strong Assymetric Gross Substituability
  • A Child Garden of Concrete Giffen Utility Functions: a Theoretical Review
  • On Giffen's Paradox
  • Giffen Demand for Several Goods
  • Giffen Behaviour Independent of the Wealth Level
  • A Class of Indirect Utility Functions Predicting Giffen Behaviour
  • Close Substitutes and Upward-Sloping Demand Curves
  • Lotteries and the Law of Demand