Giffen Good Research Articles

MARSHALL AND EDGEWORTH

This paper contrasts the approaches of Alfred Marshall and Francis Y. Edgeworth to economics, paying particular attention to their views on moral philosophy and the role of mathematics in economics. Edgeworth's analysis of trade unions, stimulated by Marshall's discussion, is examined in relation to subsequent analyses of trade union bargaining models. Disputes between Edgeworth and Marshall, concerning indeterminacy in exchange and Giffen goods, are then discussed. Marshall's numerical example of a Giffen good, involving two methods of transport, is examined in detail. Copyright 1990 by Scottish Economic Society.

The “Intangible and Fugitive Nature” Of Consumption Demand: William Whewell and Giffen Goods

The “Intangible and Fugitive Nature” Of Consumption Demand: William Whewell and Giffen Goods

Inferior-good and Giffen-good effects in monkey choice behavior.

Deux experiences examinent les effets de manipulations de la frequence de la recompense sur le choix de boulettes grandes et ameres ou petites et normales, la discussion extrapolant les resultats au domaine de l'economie

Giffen Goods and the Law of Demand

The paradoxical aspect of the Giffen Paradox is the inability of demand theory to explain why Giffen goods are apparently so rare. The resolution of the paradox arises from the distinction between the shape of market demand curves and the sequence of equilibrium prices that will be observed in markets in which quantity supplied changes. The sense in which the Giffen case is "unlikely" to occur is that the probability of identifying a Giffen good is less than the probability that such a good exists.

Gray and Giffen Goods

Gray and Giffen Goods

Money and Bonds as Giffen Goods*

The Manchester SchoolVolume 41, Issue 4 p. 418-424 Money and Bonds as Giffen Goods* Frank G. Steindl, Frank G. Steindl Oklahoma State University Professors Gerald M. Lage, J. Ernest Tanner, and E. Victor Morgan provided helpful comments for which Iam grateful.Search for more papers by this author Frank G. Steindl, Frank G. Steindl Oklahoma State University Professors Gerald M. Lage, J. Ernest Tanner, and E. Victor Morgan provided helpful comments for which Iam grateful.Search for more papers by this author First published: December 1973 https://doi.org/10.1111/j.1467-9957.1973.tb00092.xCitations: 1 * Manuscript received 4.7.73; final version received 18.9.73. AboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onFacebookTwitterLinked InRedditWechat Citing Literature Volume41, Issue4December 1973Pages 418-424 RelatedInformation

Step-Optimization, Secondary Constraints, and Giffen Goods

Step-Optimization, Secondary Constraints, and Giffen Goods

On the Dynamics of Air Pollution: A Further Comment

Gorman, W. M. Separable Utility and Aggregation. Econometrica 27 (July 1959), 469-81. Green, H. A. John. Aggregation in Economic Analysis (Princeton, 1964). Henderson, James M. and Richard E. Quandt. Microeconomic Theory: Mathematical Approach (New York, 1971). Hicks, John R. Revision of Demand Theory (Oxford, 1956). Lancaster, Kelvin. Mathematical Economics (New York, 1968). Lipsey, Richard G. and Gideon Rosenbluth. A Contribution to the New Theory of Demand: Rehabilitation of the Giffen Good. This JOURNAL IV (May 1971), 131-63. Samuelson, Paul A. Foundations of Economic Analysis (Cambridge, Mass., 1947). Silberberg, E. The Le Chatelier Principle as a Corollary to a Generalized Envelope Theorem. Journal of Economic Theory 3 (June 1971), 146-55. Strotz, R. The Empirical Implications of a Utility Tree. Econometrica 25 (April 1957), 269-80. Strotz, R. The Utility Tree: Correction and Further Appraisal. Ibid. 27 (July 1959), 482-8.

GIFFEN GOODS, IS CURVES AND MACROECONOMIC STABILITY

MetroeconomicaVolume 22, Issue 2 p. 165-169 GIFFEN GOODS, IS CURVES AND MACROECONOMIC STABILITY Frank G. Steindl, Frank G. Steindl Oklahoma State University Professor of Economics, Oklahoma State University. Helpful comments on an earlier draft were provided by Michael R. Edgmand and Ansel M. Sharp. The Oklahoma State University Research Foundation provided financial support.Search for more papers by this author Frank G. Steindl, Frank G. Steindl Oklahoma State University Professor of Economics, Oklahoma State University. Helpful comments on an earlier draft were provided by Michael R. Edgmand and Ansel M. Sharp. The Oklahoma State University Research Foundation provided financial support.Search for more papers by this author First published: June 1970 https://doi.org/10.1111/j.1467-999X.1970.tb00151.xCitations: 3 AboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onFacebookTwitterLinked InRedditWechat Citing Literature Volume22, Issue2June 1970Pages 165-169 RelatedInformation