On behavioral complementarity and its implications

A-Tier
Journal: Journal of Economic Theory
Year: 2010
Volume: 145
Issue: 6
Pages: 2332-2355

Authors (3)

Chambers, Christopher P. (not in RePEc) Echenique, Federico (University of California-Berke...) Shmaya, Eran (not in RePEc)

Score contribution per author:

1.341 = (α=2.01 / 3 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We study the behavioral definition of complementary goods: if the price of one good increases, demand for a complementary good must decrease. We obtain its full implications for observable demand behavior (its testable implications), and for the consumer's underlying preferences. We characterize those data sets which can be generated by rational preferences exhibiting complementarities. The class of preferences that generate demand complements has Leontief and Cobb-Douglas as its as extreme members.

Technical Details

RePEc Handle
repec:eee:jetheo:v:145:y:2010:i:6:p:2332-2355
Journal Field
Theory
Author Count
3
Added to Database
2026-01-25