Template-Type:ReDIF-Paper 1.0  
Title: Behavioral Heterogeneity
Author-Name: Werner Hildenbrand
Author-Name: Alois Kneip
Classification-JEL: D11, E10
Keywords: Aggregation, behavioral heterogeneity, mean demand
Abstract: A notion of ''behavioral heterogeneity'' of a finite population of households is modelled. It is shown
   that the higher the degree of behavioral heterogeneity the less sensitive depends the aggregate consumption
   expenditure ratio upon prices.As a consequence, behavioral heterogeneity implies a tendency for the Jacobian of
   aggregate demand to have a negation dominant diagonal. 
Length: pages
Creation-Date: 1999-03
Revision-Date: 
Handle: RePEc:bon:bonsfa:589
File-URL: http://www.wiwi.uni-bonn.de/bgsepapers/bonsfa/bonsfa589.pdf
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File-URL: http://www.wiwi.uni-bonn.de/bgsepapers/bonsfa/bonsfa589.ps
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