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  • 标题:The effect of aggregation on the magnitude of behavioral heterogeneity.
  • 本地全文:下载
  • 作者:Ralf Wilke
  • 期刊名称:Economics Bulletin
  • 电子版ISSN:1545-2921
  • 出版年度:2003
  • 卷号:4
  • 出版社:Economics Bulletin
  • 摘要:Recent literature has shown that the magnitude of behavioral heterogeneity of a population has an impact on the structure of mean demand. This paper investigates the effect of aggregation on the magnitude of behavioral heterogeneity if we aggregate disjoint subpopulations. Using the Hildenbrand and Kneip (1999) framework of behavioral heterogeneity, we show: (i) aggregation cannot decrease the degree of behavioral heterogeneity (ii) conditions under which aggregation increases the degree of behavioral heterogeneity are derived (iii) aggregation weakly increases the degree of behavioral heterogeneity.
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