Publicado

1996-01-01

Modelling consumer behaviour: a comparison between aids and the stone-geary models.

Palabras clave:

Consumer behaviour, Demand, Aids, Stone-geary. (es)

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Autores/as

  • Edison Fred Henao Atehortúa

This work responds to the question: Why are the Almost Ideal Demand System (AIDS) and its quadratic extension, the QUAIDS model better ways ofmodelling consumer behaviour than the StoneGeary' Models? Thus, the work shall deal with proposals of singleequation (or separated equations) and with systems ofequattons where the theory is more striking.  The work starts by defining what is known as consumer behaviour. Secondly, it makes a presentation of the restrictions or properties that demand functions have to possess. Thirdly, tt makes a brief presentation of each model and its main chacterístics, limitations and empirical evidence of using each. In this paragraph, the essay illustrates how can changes in sorne exogenous vanables affect on the consumption ofparticular commodities with especial reference to the way in which different models can allow for the impact ofchanges in income. Finally sorne concluding remarks are made.

Cómo citar

APA

Henao Atehortúa, E. F. (1996). Modelling consumer behaviour: a comparison between aids and the stone-geary models. Ensayos de Economía, 7(11), 135–146. https://revistas.unal.edu.co/index.php/ede/article/view/23796

ACM

[1]
Henao Atehortúa, E.F. 1996. Modelling consumer behaviour: a comparison between aids and the stone-geary models. Ensayos de Economía. 7, 11 (ene. 1996), 135–146.

ACS

(1)
Henao Atehortúa, E. F. Modelling consumer behaviour: a comparison between aids and the stone-geary models. Ens. Econ. 1996, 7, 135-146.

ABNT

HENAO ATEHORTÚA, E. F. Modelling consumer behaviour: a comparison between aids and the stone-geary models. Ensayos de Economía, [S. l.], v. 7, n. 11, p. 135–146, 1996. Disponível em: https://revistas.unal.edu.co/index.php/ede/article/view/23796. Acesso em: 23 mar. 2025.

Chicago

Henao Atehortúa, Edison Fred. 1996. «Modelling consumer behaviour: a comparison between aids and the stone-geary models». Ensayos De Economía 7 (11):135-46. https://revistas.unal.edu.co/index.php/ede/article/view/23796.

Harvard

Henao Atehortúa, E. F. (1996) «Modelling consumer behaviour: a comparison between aids and the stone-geary models»., Ensayos de Economía, 7(11), pp. 135–146. Disponible en: https://revistas.unal.edu.co/index.php/ede/article/view/23796 (Accedido: 23 marzo 2025).

IEEE

[1]
E. F. Henao Atehortúa, «Modelling consumer behaviour: a comparison between aids and the stone-geary models»., Ens. Econ., vol. 7, n.º 11, pp. 135–146, ene. 1996.

MLA

Henao Atehortúa, E. F. «Modelling consumer behaviour: a comparison between aids and the stone-geary models». Ensayos de Economía, vol. 7, n.º 11, enero de 1996, pp. 135-46, https://revistas.unal.edu.co/index.php/ede/article/view/23796.

Turabian

Henao Atehortúa, Edison Fred. «Modelling consumer behaviour: a comparison between aids and the stone-geary models». Ensayos de Economía 7, no. 11 (enero 1, 1996): 135–146. Accedido marzo 23, 2025. https://revistas.unal.edu.co/index.php/ede/article/view/23796.

Vancouver

1.
Henao Atehortúa EF. Modelling consumer behaviour: a comparison between aids and the stone-geary models. Ens. Econ. [Internet]. 1 de enero de 1996 [citado 23 de marzo de 2025];7(11):135-46. Disponible en: https://revistas.unal.edu.co/index.php/ede/article/view/23796

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