One might expect that after their identification in the 19th
century, all aspects of Giffen goods would have been studied by
now. This appears not to be the case. This book contains the latest
insights into the theory of Giffen goods. In the past, surprisingly
few goods could be categorized as "Giffen." This may be because of
a lack of understanding of the character of these goods. Therefore,
the theories explained in this book may also produce a solid basis
for further empirical research in the field. Experts throughout the
world have contributed to this book, which predominantly pursues a
mathematically rigorous approach. It may be used by researchers in
the field of fundamental economics and in graduate-level courses in
advanced microeconomics.
General
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