高级微观经济学aggregationandwelfare(编辑修改稿)内容摘要:

us x2 x(p1,w) x(p0,w) u1 u0 L1 x1 L2 across consumers • Can a society behave like a ration man? • If a society behave like a ration man, can the utility of this “man” represented the welfare of society? • Aggregate demand: • Wealth distribution • And total wealth 11( , ) ( , )II i iiw w x w x p p1()Iwww1Iiiww  across consumers • Step1: , that means aggregate demand are independent on the distribution of the wealth. • Proposition1:if and only if each consumer has a indirect utility function of Gorman’s aggregate demands are independent on the distribution of the wealth. 1( , ) ( , )Iw w wx p x p( , ) ( ) ( )i i iv w a p b p wp across consumers • Step2: how can the AD satisfied WA? • Definition: ULD (unpensation law of demand。
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