The Consumer Optimisation and Response (2)(伦敦经济学院高级微观讲义).pdf

MicroEconomics The Consumer: Optimisation and Response (2) Overview... The The Consumer Consumer Optimisation OpportunitiesOpportunities Optimisation OpportunitiesOpportunities and andand and Welfare Aggregation andand Welfare Aggregation Welfare Aggregation Comparative Welfare Aggregation PreferencesPreferences Comparative PreferencesPreferences Statics Statics Working out consumer responses...  The primal problem of the consumer is what we  The primal problem of the consumer is what we are really interested in. are really interested in.  The related dual problem can help us  The related dual problem can help us understand it. understand it. lets see what we already know about  The analogy with the firm solves the dual for us  The analogy with the firm solves the dual for us the primal...  The work we have done can help map out the  The work we have done can help map out the consumers responses to changes in prices and consumers responses to changes in prices and income income The n+1 conditions can be solved... …to give a set of demand equations... function