The Theoretical Derivation of Dynamic Demand Curves

摘要: IT IS THE PURPOSE of this paper to generalize the demand theory Hicks and Allen2 for dynamic case. It also could give a somewhat firmer theoretical foundation Econometrists, especially G. C. Evans3 F. Roos.4 We propose derive income, price, interest elasticities under assumption that individual has definite plans future expectations incomes, prices, rates. Hence uncertainty in sense H. Knight5 is ruled out, whereas risk may be taken into account. make same assumptions as previous on "Maximization Utility over Time."6 The n discontinuous points time case, where utility mere function. becomes functional rather than function continuous