Timeline for Upward sloping demand curves can’t exist!
Current License: CC BY-SA 4.0
4 events
| when toggle format | what | by | license | comment | |
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| Jan 4, 2022 at 14:38 | comment | added | 1muflon1♦ | @Polime consumer surplus analysis of what? Demand is not given by consumer surplus, higher consumer surplus does not translate into higher demand and vice versa. Consumer surplus is zero even in regular case of completely elastic demand, or in case of 1st degree discriminating monopolist and yet demand is nonzero | |
| Jan 4, 2022 at 14:16 | comment | added | Polime | I understand this but I was looking for a consumer surplus analysis. Is it possible? | |
| Jan 3, 2022 at 13:56 | comment | added | Michael Gmeiner | Just to add to 1mulfon1's answer. Some people would claim that Giffin goods don't exist in real life. There is one notable paper that showed their existence: jstor.org/stable/29730133?seq=1#metadata_info_tab_contents | |
| Jan 3, 2022 at 13:42 | history | answered | 1muflon1♦ | CC BY-SA 4.0 |