http://www.rssboard.org/rss-specification 720 https://escholarship.org/uc/giannini_rw/rss Recent eScholarship items from Other Recent Work Tue, 22 Sep 2026 06:13:07 +0000 https://escholarship.org/uc/item/7163x60q <p>The Giannini Reporter is a biennial publication that provides information on the ongoing research of the Giannini Foundation of Agricultural Economics, the extension of that research, and other related activities.</p> https://escholarship.org/uc/item/7163x60q Tue, 21 Sep 2010 00:00:00 +0000 https://escholarship.org/uc/item/6nw634j4 <p>For the past twenty-five years, Dusansky and his associated co-authors have published a long series of papers which are based on the same price-dependent utility function. The alleged price dependence, however, is fictitious in the sense that the level of exogenous money income can replace the commodity prices. The consequence is that the demand functions derived from Dusansky’s utility function are identical and observationally equivalent to the demand functions obtained from a prototypical utility function. Since all the market and environmental effects are revealed only through the demand functions, the specification and use of a utility function such as that used by Dusansky is irrelevant and uninformative for the analysis of any economic problem where prices enter the consumer utility function and whose goal is the detection of the effects of price-dependent preferences on the demand for real goods.</p> https://escholarship.org/uc/item/6nw634j4 Thu, 15 Sep 2005 00:00:00 +0000 Paris, Quirino Caputo, Michael R.