A reinterpretation of the Fisher-Friedman definition of complementarity

Material type: 文書・図像類

Author: 辻村, 江太郎ほか

Publisher: Keio Economic Observatory (Sangyo Kenkyujo), Keio University

Publication date: 1998-06

Material Format: Digital

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Note (General)：: type:textThe Fisher-Freidman definition classifies commodities as substitutable of complementary depending on the global shape of indifference maps. I...

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Material Type: 文書・図像類
Title: A reinterpretation of the Fisher-Friedman definition of complementarity
Author/Editor: 辻村, 江太郎
Tsuzuki, Sakiko
Author Heading: 辻村, 江太郎
Tsuzuki, Sakiko
Publication, Distribution, etc.: Keio Economic Observatory (Sangyo Kenkyujo), Keio University
Publication Date: 1998-06
Publication Date (W3CDTF): 1998-06
Periodical title: Keio Economic Observatory occasional paper. E
No. or year of volume/issue: 22
Volume: 22
Text Language Code: eng
Target Audience: 一般
Note (General): type:text
The Fisher-Freidman definition classifies commodities as substitutable of complementary depending on the global shape of indifference maps. It thus requires the specification of the global mathematical properties of any model used to illustrate this definition. We utilized the simple model of a direct utility function of quadratic homogeneous form. As shown in Sections II-V, the substitution effect--theAllen elasticity of substitution-is always non-negative with this specification.Therefore, by the Hicks-Allen-Shultz definition, this model applies only to competing commodities and not to complementary commodities, a conclusion that is independent of the number of commodities.
Access Restrictions: 限定公開
Data Provider (Database): 国立情報学研究所 : 学術機関リポジトリデータベース（IRDB）（機関リポジトリ）
https://irdb.nii.ac.jp
Original Data Provider (Database): 慶應義塾大学 : 慶應義塾大学学術情報リポジトリ