Demand set
id:
demand-set-242-17973934
title:
Demand set
text:
A demand set is a model of the most-preferred bundle of goods an agent can afford. The set is a function of the preference relation for this agent, the prices of goods, and the agent's endowment. Assuming the agent cannot have a negative quantity of any good, the demand set can be characterized this way: Define L as the number of goods the agent might receive an allocation of. An allocation to the agent is an element of the space R + L ; that is, the space of nonnegative real vectors of dimensio
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Demand_set
date created:
date modified:
2024-01-25T10:34:48Z
main entity:
{"identifier":"Q5255052","url":"https://www.wikidata.org/entity/Q5255052"}
image:
fields total:
13
integrity:
13