Chapter 1 Measuring Consumer Preferences and Estimating Demand Systems
Quantifying Consumer Preferences
ISBN: 978-1-84855-312-5, eISBN: 978-1-84855-313-2
Publication date: 29 May 2009
Abstract
This chapter is an up-to-date survey of the state-of-the art in consumer demand analysis. We review (and evaluate) advances in a number of related areas, in the spirit of the recent survey paper by Barnett and Serletis (2008). In doing so, we only deal with consumer choice in a static framework, ignoring a number of important issues, such as, the effects of demographic or other variables that affect demand, welfare comparisons across households (equivalence scales), and the many issues concerning aggregation across consumers.
Keywords
Citation
Barnett, W.A. and Serletis, A. (2009), "Chapter 1 Measuring Consumer Preferences and Estimating Demand Systems", Slottje, D.J. (Ed.) Quantifying Consumer Preferences (Contributions to Economic Analysis, Vol. 288), Emerald Group Publishing Limited, Leeds, pp. 1-35. https://doi.org/10.1108/S0573-8555(2009)0000288004
Publisher
:Emerald Group Publishing Limited
Copyright © 2009, Emerald Group Publishing Limited