A semiflexible, Concave and Separable Quadratic Demand System

Paolo Sckokai; Daniele Moro

A semiflexible, Concave and Separable Quadratic Demand System

Research output: Contribution to journal › Article › peer-review

Abstract

Maintaining both separability and concavity in large demand systems allows to ensure that the model will satisfy integrability conditions while saving degrees of freedom. We provide an example of how separability and concavity can be managed in order to obtain a set of nonredundant restrictions, within a semiflexible QUAIDS specification: with proper data scaling, the imposition of these restrictions at a point does not imply more complexity than in the common AIDS model.

Original language	English
Pages (from-to)	107-118
Number of pages	12
Journal	RIVISTA INTERNAZIONALE DI SCIENZE ECONOMICHE E COMMERCIALI
Volume	48
Publication status	Published - 2001

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 3 Good Health and Well-being

Keywords

Demand analysis
Separability

Cite this

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abstract = "Maintaining both separability and concavity in large demand systems allows to ensure that the model will satisfy integrability conditions while saving degrees of freedom. We provide an example of how separability and concavity can be managed in order to obtain a set of nonredundant restrictions, within a semiflexible QUAIDS specification: with proper data scaling, the imposition of these restrictions at a point does not imply more complexity than in the common AIDS model.",

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AU - Sckokai, Paolo

AU - Moro, Daniele

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AB - Maintaining both separability and concavity in large demand systems allows to ensure that the model will satisfy integrability conditions while saving degrees of freedom. We provide an example of how separability and concavity can be managed in order to obtain a set of nonredundant restrictions, within a semiflexible QUAIDS specification: with proper data scaling, the imposition of these restrictions at a point does not imply more complexity than in the common AIDS model.

KW - Demand analysis

KW - Separability

KW - Demand analysis

KW - Separability

UR - http://hdl.handle.net/10807/125602

M3 - Article

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VL - 48

SP - 107

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JO - RIVISTA INTERNAZIONALE DI SCIENZE ECONOMICHE E COMMERCIALI

JF - RIVISTA INTERNAZIONALE DI SCIENZE ECONOMICHE E COMMERCIALI

ER -

A semiflexible, Concave and Separable Quadratic Demand System

Abstract

UN SDGs

Keywords

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