A Revision of Demand Theory

E746875

A Revision of Demand Theory is a work in microeconomic theory that refines and extends the analysis of consumer demand and choice behavior developed in John Hicks’s earlier book Value and Capital.

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A Revision of Demand Theory canonical 1

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Predicate Object
instanceOf book
economics book
microeconomics book
academicDiscipline economics
author John Hicks NERFINISHED
authorFullName John Richard Hicks NERFINISHED
basedOn Value and Capital NERFINISHED
contribution clarifies the foundations of demand theory
develops a more rigorous treatment of substitution and income effects
extends the theory of consumer choice
refines Hicks’s earlier analysis of consumer demand
revises the Slutsky decomposition within Hicksian framework
countryOfOrigin United Kingdom
field consumer theory
demand theory
microeconomics
follows Value and Capital NERFINISHED
genre academic monograph
hasPart discussion of stability and uniqueness of equilibrium
formal analysis of demand functions
treatment of welfare implications of demand changes
influenced microeconomic analysis of consumer behavior
modern consumer demand theory
subsequent work in revealed preference theory
influencedBy Eugen Slutsky’s work on demand
Value and Capital NERFINISHED
Vilfredo Pareto’s welfare economics
intendedAudience economists
graduate students in economics
language English
mainSubject choice behavior
consumer demand
demand functions
income effect
indifference curve analysis
ordinal utility
revealed preference
substitution effect
notableFor integration of theoretical and empirical aspects of demand
systematic revision of Hicksian demand theory
publicationYear 1956
publisher Oxford University Press
relatedConcept Hicksian demand NERFINISHED
Marshallian demand curve NERFINISHED
compensated demand curve
relatedWork Value and Capital NERFINISHED
title A Revision of Demand Theory NERFINISHED

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Value and Capital relatedWork A Revision of Demand Theory