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The Case of a Giffen Good: Comment
Christian E. Weber
The Journal of Economic Education
Vol. 28, No. 1 (Winter, 1997), pp. 36-44
Published by: Taylor & Francis, Ltd.
Stable URL: http://www.jstor.org/stable/1183174
Page Count: 9
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Spiegel's (1994) analysis of a utility function that yields an inferior good with an upward-sloping demand curve is reconsidered and extended to include a utility function of Wold and Jureen (1953) that yields inferiority and Giffen behavior.
The Journal of Economic Education © 1997 Taylor & Francis, Ltd.