Is utility additive? Further Evidence

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Selvanathan, S
Selvanathan, EA
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Mark Taylor

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2005
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Abstract

This paper investigates the question of additive structure of the utility function using the data for nine broad commodity groups from 45 countries. Further evidence is presented in support of the preference independent utility structure.

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Applied Economics

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37

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Applied economics

Econometrics

Banking, finance and investment

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