This piece of writing delves into the details of Bitcoin for readers who are looking for clarification on its price fluctuation. Unveiling influences such as market sentiment, investor behavior, ...

This article obtains demand functions for risky assets without making a priori assumptions about the form of the utility function. In a simple portfolio model, the envelope theorem is applied to the ...

If all individuals of a given group have the same consumption behavior described by a common demand function f(p,w), which is assumed to satisfy the weak axion of revealed preference, and if the ...