EAN: 9783642217760

NEW INSIGHTS INTO THE THEORY OF GIFFEN GOODS KA...

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 Giffen. This may be because of a lack of understanding of the character of these
goods. Therefore  the theories explained in this book may also produce a solid basis for
further empirical research in the field. Experts throughout the world have contributed to this
book  which predominantly pursues a mathematically rigorous approach. It may be used by
researchers in the field of fundamental economics and in graduate-level courses in advanced
microeconomics.

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