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Amita Majumder
 
''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 )
 
 
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.
 
 
Keywords: QUAIDS, Linear approximation, Price aggregator, Characterization
JEL: C4 - Econometric and Statistical Methods: Special Topics
D1 - Household Behavior: General
 
Manuscript Received : Jul 22 2009 Manuscript Accepted : Aug 20 2009

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