A Market Demand Curve Construction for a Good by Using Bivariate Probability Distribution Method

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Title:	A Market Demand Curve Construction for a Good by Using Bivariate Probability Distribution Method
Authors:	陳淼勝;Chen, Miao-Sheng
Contributors:	企業管理學系
Keywords:	Gesamtwirtschaftliche Nachfrage;Aggregate demand;Konsumtheorie;Consumption theory
Date:	2002-04
Issue Date:	2023-08-03 14:21:20 (UTC+8)
Abstract:	A demand curve is usually constructed by using utility function method. Practically, it is difficult to estimate a market demand curve for a good by means of the method. The basic assumption of the study is that a demand curve for a good is influenced by two variables; the highest price a consumer is willing to pay for the good and the highest price a consumer is able to afford for the good. Then through market surveys, one can acquire these prices the consumer is willing to pay and those he is able to afford. Therefore, a market demand curve can be constructed by applying these data.
Relation:	The Indian Journal of Ecobomics vol. 82, no. 327 pp.495-508
Appears in Collections:	[Department of Business Administration, Master/Ph.D Program in Management Sciences] Periodical Articles

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