Go to page

Bibliographic Metadata

 The document is publicly available on the WWW

In this paper we show that for a large subset of utility functions in the space of all C 1 utility functions and for all prices the mean demand of those consumers whose taste is represented by a given utility function in that subset is uniquely determined. This implies that for a large set of economies mean demand is a continuous function. Our analysis uses derivatives of first and of higher order. The result is essentially a consequence of the multijet transversality theorem.