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A New Approach to Consumer Theory Author(s): Kelvin J. Lancaster

Source: The Journal of Political Economy, Vol. 74, No. 2 (Apr., 1966), pp. 132-157 Published by: The University of Chicago Press

Stable URL: http://www.jstor.org/stable/1828835 Accessed: 22/09/2008 02:58

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Gambar

FIG. 2
Figure 4 illustrates one possible set of
with preferences skewed towards FIG. 4 Z2 and with a combination of occupation 1 and
come widely used, a new process or prod- FIG. 5 replace the old good if its price is suffi-
+3

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