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Investments > Investing Science > Homothetic pref...
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Homothetic preferences and linear demand function in wealth

by Daniel Royer <daniel@[EMAIL PROTECTED] > Mar 6, 2008 at 09:12 AM

Can somebody point me to a proof that with homothetic preferences the 
demand function is linear in wealth?
I have the one using the indirect utiliy function and Roy's theorem but 
I 'm looking for a more "direct" one.

Daniel
 




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Homothetic preferences and linear demand function in wealth
Daniel Royer <daniel@[  2008-03-06 09:12:23 

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tan12V112 Sun Nov 23 6:50:06 CST 2008.