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.
All labels observed (1)
| Label | Occurrences |
|---|---|
| A Revision of Demand Theory canonical | 2 |
How this entity was disambiguated
This entity first appeared as the object of triple T8629975 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: A Revision of Demand Theory Context triple: [Value and Capital, relatedWork, A Revision of Demand Theory]
-
A.
The Theory and Measurement of Demand
The Theory and Measurement of Demand is a foundational economics book by Henry Schultz that rigorously develops statistical and mathematical methods for estimating consumer demand.
-
B.
Classical Political Economy and the Role of Demand
Classical Political Economy and the Role of Demand is a scholarly work by economist Krishna Bharadwaj that reinterprets classical economic theory by emphasizing the central importance of demand in value, distribution, and growth.
-
C.
A Theory of the Consumption Function
A Theory of the Consumption Function is Milton Friedman’s influential 1957 economics book that introduced the permanent income hypothesis to explain household consumption behavior over time.
-
D.
The Positive Theory of Capital
The Positive Theory of Capital is a foundational work in Austrian economics that systematically analyzes the nature of capital, interest, and time preference in the production process.
-
E.
On the Theory of Economic Policy
On the Theory of Economic Policy is a foundational work in economics by Jan Tinbergen that systematically analyzes how governments can design and coordinate economic policies using formal models and quantitative methods.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: A Revision of Demand Theory Target entity description: 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.
-
A.
The Theory and Measurement of Demand
The Theory and Measurement of Demand is a foundational economics book by Henry Schultz that rigorously develops statistical and mathematical methods for estimating consumer demand.
-
B.
Classical Political Economy and the Role of Demand
Classical Political Economy and the Role of Demand is a scholarly work by economist Krishna Bharadwaj that reinterprets classical economic theory by emphasizing the central importance of demand in value, distribution, and growth.
-
C.
A Theory of the Consumption Function
A Theory of the Consumption Function is Milton Friedman’s influential 1957 economics book that introduced the permanent income hypothesis to explain household consumption behavior over time.
-
D.
The Positive Theory of Capital
The Positive Theory of Capital is a foundational work in Austrian economics that systematically analyzes the nature of capital, interest, and time preference in the production process.
-
E.
On the Theory of Economic Policy
On the Theory of Economic Policy is a foundational work in economics by Jan Tinbergen that systematically analyzes how governments can design and coordinate economic policies using formal models and quantitative methods.
- F. None of above. chosen
Statements (47)
| Predicate | Object |
|---|---|
| instanceOf |
book
ⓘ
economics book ⓘ microeconomics book ⓘ |
| academicDiscipline | economics ⓘ |
| author |
John Hicks
ⓘ
linked to:
John R. Hicks
|
| authorFullName |
John Richard Hicks
ⓘ
linked to:
John R. Hicks
|
| basedOn | Value and Capital ⓘ |
| 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 ⓘ |
| 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 ⓘ 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
ⓘ
Marshallian demand curve ⓘ
linked to:
Marshallian demand
compensated demand curve ⓘ |
| relatedWork | Value and Capital ⓘ |
| title | A Revision of Demand Theory ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: A Revision of Demand Theory Description of subject: 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.
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.