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AA10818580-00000022-0001  
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Title A reinterpretation of the Fisher-Friedman definition of complementarity  
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Kana  
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Creator
Name 辻村, 江太郎  
Kana ツジムラ, コウタロウ  
Romanization Tsujimura, Kotaro  
Affiliation Keio Economic Observatory  
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Name Tsuzuki, Sakiko  
Kana  
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Affiliation Keio Economic Observatory  
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Name Keio Economic Observatory (Sangyo Kenkyujo), Keio University  
Kana  
Romanization  
Date
Issued (from:yyyy) 1998  
Issued (to:yyyy)  
Created (yyyy-mm-dd)  
Updated (yyyy-mm-dd)  
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[1], 43 p.  
Source Title
Name Keio Economic Observatory occasional paper. E  
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Issue 22  
Year 1998  
Month 6  
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Abstract
The Fisher-Freidman definition classifies commodities as substitutable of complementary depending on the global shape of indifference maps. It thus requires the specification of the global mathematical properties of any model used to illustrate this definition. We utilized the simple model of a direct utility function of quadratic homogeneous form. As shown in Sections II-V, the substitution effect--theAllen elasticity of substitution-is always non-negative with this specification.Therefore, by the Hicks-Allen-Shultz definition, this model applies only to competing commodities and not to complementary commodities, a conclusion that is independent of the number of commodities.
 
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英語  
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Technical Report  
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Apr 30, 2024 00:43:45  
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Apr 27, 2007 10:18:49  
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/ Public / Keio Economic Observatory(KEO) / Keio Economic Observatory occasional paper. E / E1-E23
 
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