COVID-19 Update: We are currently shipping orders daily. However, due to transit disruptions in some geographies, deliveries may be delayed. To provide all customers with timely access to content, we are offering 50% off Science and Technology Print & eBook bundle options. Terms & conditions.
Applied Consumption Analysis - 2nd Edition - ISBN: 9780444865311, 9781483298702

Applied Consumption Analysis, Volume 5

2nd Edition

Author: L. Phlips
Paperback ISBN: 9781493304820
Hardcover ISBN: 9780444865311
eBook ISBN: 9781483298702
Imprint: North Holland
Published Date: 1st October 1983
Page Count: 338
Sales tax will be calculated at check-out Price includes VAT/GST
Price includes VAT/GST

Institutional Subscription

Secure Checkout

Personal information is secured with SSL technology.

Free Shipping

Free global shipping
No minimum order.

Table of Contents

Statics. Utility Functions. Demand Functions: Particular Restrictions. Empirical Implementations. Cost-of-Living Indices. Dynamics. Dynamic Single-Equation Models. Dynamic Demand Systems. Substitution, Complementarity and the Utility Tree. Dynamic Cost-of-Living Indices. The Demand for Leisure and Money. An Intertemporal Approach. References. Index.


This volume links the abstract theory of demand with its econometric implementation. Exercises lead the reader from elementary utility maximization to the most sophisticated recent techniques, highlighting the main steps in the historical evolution of the subject.

The first part presents a brief discussion of duality and flexible forms, and in particular of Deaton and Muellbauer's ``almost ideal demand system''. Part two includes the author's work on true wage indexes, and on intertemporal utility maximization.


No. of pages:
© North Holland 1983
1st October 1983
North Holland
Paperback ISBN:
Hardcover ISBN:
eBook ISBN:


@qu:...theory is used as a framework for commonsense but is never allowed to dominate it. ... As a course text, I have found that this kind of emphasis has been very successful with students who are just starting to dip their feet into the area and who want a clear practical perception of what can be done.
@source:The Economic Journal

Ratings and Reviews

About the Author

L. Phlips