Demand functions and demand manifolds

Journal article

Abstract:: Mrázová and Neary (2017) introduce the notion of the Demand Manifold which expresses the relationship between the elasticity and curvature of a demand function. They argue that this determines many important comparative static properties of firm behavior. This paper gives necessary and sufficient conditions for two demand functions to have the same demand manifold and so to have similar comparative static properties.

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Copyright holder:: Alan Beggs
Rights statement:: © The Author(s) 2021. Open Access: This article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article’s Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article’s Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/.

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