New Insights into the Theory of Giffen Goods

Wim Heijman (1953) received MSc degrees respectively in Economics and Human Geography from Tilburg University and the University of Utrecht in the Netherlands. He received his PhD degree from Wageningen University. In 2000 he was appointed Professor of Regional Economics at the latter university. He is also teaching micro- and macro subjects in undergraduate and graduate courses. Pierre von Mouche (1959) studied theoretical physics and mathematics at the University of Nijmegen. He received his PhD from the University of Utrecht under the supervision of Hans Duistermaat. Since 1989 he helds a position in economics at Wageningen University. His scientific interest concerns in particular mathematical economics.

• Introduction.- Notes on Some Theories of Giffen Behaviour.- Exact and Useful Optimization Methods for Microeconomics.- On the Definitions of Giffen and Inferior Goods.- Giffen Behaviour and Strong Assymetric Gross Substituability.- A Child Garden of Concrete Giffen Utility Functions: a Theoretical Review.- On Giffen's Paradox.- Giffen Demand for Several Goods.- Giffen Behaviour Independent of the Wealth Level.- A Class of Indirect Utility Functions Predicting Giffen Behaviour.- Close Substitutes and Upward-Sloping Demand Curves.- Lotteries and the Law of Demand.