On the microeconomic foundations of linear demand for differentiated products

On the microeconomic foundations of linear demand for differentiated products

This paper provides a thorough exploration of the microeconomic foundations for the multivariate linear demand function for di¤erentiated products that is widely used in industrial organization. A key …nding is that strict concavity of the quadratic utility function is critical for the demand system to be well de…ned. Otherwise, the true demand function may be quite complex: Multi-valued, non-l...

“the effect of risk aversion on the demand for life insurance: the case of iranian life insurance market”

abstract: about 60% of total premium of insurance industry is pertained?to life policies in the world; while the life insurance total premium in iran is less than 6% of total premium in insurance industry in 2008 (sigma, no 3/2009). among the reasons that discourage the life insurance industry is the problem of adverse selection. adverse selection theory describes a situation where the inf...

on the effect of linear & non-linear texts on students comprehension and recalling

چکیده ندارد.

Static Models of Demand for Differentiated Products

a time-series analysis of the demand for life insurance in iran

با توجه به تجزیه و تحلیل داده ها ما دریافتیم که سطح درامد و تعداد نمایندگیها باتقاضای بیمه عمر رابطه مستقیم دارند و نرخ بهره و بار تکفل با تقاضای بیمه عمر رابطه عکس دارند