By Wim Heijman,Pierre Mouche

One could anticipate that when their id within the nineteenth century, all facets of Giffen items may were studied by means of now. This looks to not be the case. This booklet includes the most recent insights into the speculation of Giffen items. some time past, unusually few items will be classified as “Giffen.” this can be as a result of an absence of realizing of the nature of those items. for that reason, the theories defined during this booklet can also produce a superior foundation for extra empirical examine within the box. specialists in the course of the international have contributed to this booklet, which predominantly pursues a mathematically rigorous process. it can be utilized by researchers within the box of primary economics and in graduate-level classes in complicated microeconomics.

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