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http://hdl.handle.net/11718/6335| Title: | Lancaster's New Approach to Consumer Demand |
| Authors: | Dholakia, Ravindra H. |
| Keywords: | Characteristics;Demand Theory;Consumer Choices;Efficiency Frontier |
| Issue Date: | 27-Jul-2010 |
| Abstract: | This teaching note is an attempt at presenting Lancaster's contribution to the consumer demand theory in a simplified form. The note uses geometrical constructs. It also discusses applications and limitations of the new Characteristic approach to the consumer demand theory. |
| URI: | http://hdl.handle.net/11718/6335 |
| Appears in Collections: | Cases and Notes |
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