Nice Demand in Rough Neighborhoods: Continuity in Non-Convex, Dispersed Economies

摘要: The technology available to households for transforming and producing goods be consumed, even engaging in commercial transactions, will naturally a significant factor determining the structure of demand. Two general approaches have been used modeling role these technologies. One is incorporate directly into household preferences. second budget correspondence. first approach exemplified Rader (1964), (1978). has Kurz (1974).