English, Article, Journal or magazine article edition: Behavioral Heterogeneity Werner Hildenbrand; Alois Kneip

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Bookmark: http://trove.nla.gov.au/version/51988
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Behavioral Heterogeneity
Author
  • Werner Hildenbrand
  • Alois Kneip
Physical Description
  • preprint
Notes
  • A notion of ''behavioral heterogeneity'' of a finite population of households is modelled. It is shown that the higher the degree of behavioral heterogeneity the less sensitive depends the aggregate consumption expenditure ratio upon prices.As a consequence, behavioral heterogeneity implies a tendency for the Jacobian of aggregate demand to have a negation dominant diagonal.
  • Aggregation, behavioral heterogeneity, mean demand
  • RePEc:bon:bonsfa:589
Language
  • English
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