A Diagrammatic Proof That Indirect Utility Functions Are Quasi-Convex.

Suen, Wing

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Peer reviewed

ERIC Number: EJ453665

Record Type: Journal

Publication Date: 1992

Pages: N/A

Abstractor: N/A

ISBN: N/A

ISSN: ISSN-0022-0485

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A Diagrammatic Proof That Indirect Utility Functions Are Quasi-Convex.

Suen, Wing

Journal of Economic Education, v23 n1 p53-55 Win 1992

Presents a diagrammatic proof for classroom use to demonstrate the quasi-convexity of the indirect utility function. Includes a variation of the price indifference curve. Suggests an exercise in which the student is asked to show that the tangency condition is a restatement of Roy's identity. (DK)

Descriptors: Cost Effectiveness, Costs, Diagrams, Economics Education, Higher Education, Instructional Materials, Mathematical Models

Publication Type: Journal Articles; Guides - Classroom - Teacher

Education Level: N/A

Audience: Teachers; Practitioners

Language: English

Sponsor: N/A

Authoring Institution: N/A

Grant or Contract Numbers: N/A

Author Affiliations: N/A