Almost ideal demand system
The Almost Ideal Demand System (AIDS) (1980) is a consumer demand model used primarily by economists to study consumer behavior. The AIDS model gives an arbitrary first-order approximation to any demand system and has many desirable qualities of demand systems. For instance it satisfies the axioms of order, aggregates over consumers without invoking parallel linear Engel curves, is consistent with budget constraints, and is simple to estimate.
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Almost ideal demand system
The Almost Ideal Demand System (AIDS) (1980) is a consumer demand model used primarily by economists to study consumer behavior. The AIDS model gives an arbitrary first-order approximation to any demand system and has many desirable qualities of demand systems. For instance it satisfies the axioms of order, aggregates over consumers without invoking parallel linear Engel curves, is consistent with budget constraints, and is simple to estimate.
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El sistema casi ideal de deman ...... tarias, y es fácil de estimar.
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The Almost Ideal Demand System ...... ts, and is simple to estimate.
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El sistema casi ideal de deman ...... tarias, y es fácil de estimar.
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The Almost Ideal Demand System ...... ts, and is simple to estimate.
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AIDS (economía)
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Almost ideal demand system
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