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| Amita Majumder |
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| ''A characterization of the composite price variable to approximate a price aggregator function in the Quadratic Almost Ideal Demand System'' |
| ( 2009, Vol. 29 No.3 ) |
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| In investigating linear approximations to the Quadratic Almost Ideal Demand System (QUAIDS), Matsuda (2006) proposed a composite variable to approximate a price aggregator function. This paper provides an axiomatic characterization of this composite price variable. |
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| Keywords: QUAIDS, Linear approximation, Price aggregator, Characterization |
JEL: C4 - Econometric and Statistical Methods: Special Topics
D1 - Household Behavior: General |
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| Manuscript Received : Jul 22 2009 | | Manuscript Accepted : Aug 20 2009 |
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