或る大学院生のメモ帳: Stone-Geary Utility Function/ Linear Expenditure System

2012年5月15日火曜日

Stone-Geary Utility Function/ Linear Expenditure System

Stone-Geary Utility Function

$U = \prod_{i} (q_i-\gamma_i)^{\beta_{i}}$

Linear Expenditure System (Demand function derived from Stone-Geary utility function)

$q_i = \gamma_i + \frac{\beta_i}{p_i} (y - \sum_j \gamma_j p_j)$

http://en.wikipedia.org/wiki/Stone%E2%80%93Geary_utility_function

http://www.ier.hit-u.ac.jp/~kitamura/lecture/Hit/02Statsys4_c.pdf

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