In Search of A Giffen Input: A Comprehensive Analysis of The Wold-Juréen (1953) Production Function

  • Robert SPROULE Bishop's University, Canada

Abstract




The Wold-Juréen (1953) utility function serves as an exemplar of those utility functions which have the potential to yield a Giffen good. As such, this utility function has contributed much to the overall development of consumer theory. Because of the said success of the Wold-Juréen (1953) utility function, it seems only natural to ask this: can the Wold-Juréen (1953) functional form also serve as an ex- emplar of those production functions which have the potential to yield a Giffen factor? Since our review of the literature suggests that no such question has ever been posed, therein lies the purpose of the present paper.




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Published
2022-12-31
How to Cite
SPROULE, Robert. In Search of A Giffen Input: A Comprehensive Analysis of The Wold-Juréen (1953) Production Function. Journal of Mathematical Economics and Finance, [S.l.], v. 8, n. 2, p. 87 - 100, dec. 2022. ISSN 2458-0813. Available at: <https://journals.aserspublishing.eu/jmef/article/view/7597>. Date accessed: 27 may 2024. doi: https://doi.org/10.14505/jmef.v8.2(15).03.