The Case of a Giffen Good: Comment.

Weber, Christian E.

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Peer reviewed

ERIC Number: EJ541965

Record Type: Journal

Publication Date: 1997

Pages: N/A

Abstractor: N/A

ISBN: N/A

ISSN: ISSN-0022-0485

EISSN: N/A

The Case of a Giffen Good: Comment.

Weber, Christian E.

Journal of Economic Education, v28 n1 p36-44 Win 1997

Reconsiders Uriel Spiegel's analysis of the Giffen phenomenon, a utility function that yields an inferior good with an upward-sloping demand curve. Extends this to include similar utility functions that yield inferiority. Discusses the earlier work of related theorists including Liebhafsky, Vandermeulen, and Wold and Jureen. (MJP)

Descriptors: Business Cycles, Consumer Economics, Economic Climate, Economic Factors, Economic Impact, Economic Research, Economics, Economics Education, Expenditures, Graphs, Investment, Microeconomics, Productivity, Purchasing, Scholarship, Supply and Demand, Undergraduate Study

Publication Type: Reports - Descriptive; Journal Articles

Education Level: N/A

Audience: Researchers

Language: English

Sponsor: N/A

Authoring Institution: N/A

Grant or Contract Numbers: N/A