Household production function
id:
household-production-function-239-8136520
title:
Household production function
text:
Consumers often choose not directly from the commodities that they purchase, but from commodities they transform into goods through a household production function. It is these goods that they value. The idea was originally proposed by Gary Becker, Kelvin Lancaster, and Richard Muth in the mid-1960s. The idea was introduced simultaneously into macroeconomics in two separate papers by Jess Benhabib, Richard Rogerson, and Randall Wright (1991); and Jeremy Greenwood and Zvi Hercowitz (1991). Househ
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Household_production_function
date created:
date modified:
2023-11-24T10:19:53Z
main entity:
{"identifier":"Q948250","url":"https://www.wikidata.org/entity/Q948250"}
image:
fields total:
13
integrity:
13