A revision of demand theory

Clarendon Press

1956

vii, 196 pages

9780198281108

Part I. Foundations. The econometric approach ; The measurability of utility ; The preference hypothesis ; The logic of order ; Strong and weak ordering in demand theory -- Part II. The demand for a single commodity. The direct consistency test ; The demand curve ; Indifference and the compensating variation ; Marginal valuation ; Consumer's surplus -- Part III. The general theory of demand. Consistency tests ; The substitution effect ; The reciprocity theorem ; Secondary substitution theorems ; The income effect ; Substitutes and complements in valuation theory ; Complements and substitutes further considered ; Generalized consumer's surplus ; The index-number theorem ; Summary and conclusion

Английский