Both habit persistence and rigidity are basic important characteristic of consumer behavior.Household can receive utility not only from consumption but also from save.The quantity of utility received by household is n...Both habit persistence and rigidity are basic important characteristic of consumer behavior.Household can receive utility not only from consumption but also from save.The quantity of utility received by household is not determined by the level of current consumption and save,but is determined by the growth quantity of both current consumption and save relative to their habit formation levels.According to the characteristics of consumer behavior,this paper constructs a new utility function for household increment utility function,and derives a new consumption function by optimum of consumer behavior.Using the Chinese data,the empirical study shows that the new consumption function is fitted well with consumer behavior.展开更多
根据偏好理论中的一个特殊的偏好关系——字典式偏好的特点,建立了一个贫困消费者的商品选择束,据以证明贫困消费者的效用函数、需求函数是不存在的,并且不能建立类似1980年诺贝尔奖得主Lawrence Robert Klein所建立的生活费用的不变效...根据偏好理论中的一个特殊的偏好关系——字典式偏好的特点,建立了一个贫困消费者的商品选择束,据以证明贫困消费者的效用函数、需求函数是不存在的,并且不能建立类似1980年诺贝尔奖得主Lawrence Robert Klein所建立的生活费用的不变效用指数。展开更多
文摘Both habit persistence and rigidity are basic important characteristic of consumer behavior.Household can receive utility not only from consumption but also from save.The quantity of utility received by household is not determined by the level of current consumption and save,but is determined by the growth quantity of both current consumption and save relative to their habit formation levels.According to the characteristics of consumer behavior,this paper constructs a new utility function for household increment utility function,and derives a new consumption function by optimum of consumer behavior.Using the Chinese data,the empirical study shows that the new consumption function is fitted well with consumer behavior.
