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Demand

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Encyclopedia of Law and Economics

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Abstract

The term demand describes the willingness to buy a fixed quantity of goods or services at a specific price. This relation depends on the income and preferences of an individual but is typically expressed as an overall economic aggregate. The disposition to buy normally alters in contrary to the price.

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Author information

Authors and Affiliations

  1. Faculty of Public Administration, Pavol Jozef Šafárik University in Košice, Šrobárova 2, 041 80, Košice, Slovakia

    Silvia Ručinská & Ronny Müller

  2. Faculty of Business and Economics, University of Technology Dresden, Dresden, Germany

    Jannik A. Nauerth

Authors
  1. Silvia Ručinská
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  2. Ronny Müller
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  3. Jannik A. Nauerth
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Corresponding author

Correspondence to Silvia Ručinská .

Editor information

Editors and Affiliations

  1. Montpellier, France

    Alain Marciano

  2. Dept DiGSPES, Univ del Piemonte Orientale Dept DiGSPES, Alessandria, Italy

    Giovanni Battista Ramello

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© 2016 Springer Science+Business Media New York

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Ručinská, S., Müller, R., Nauerth, J.A. (2016). Demand. In: Marciano, A., Ramello, G. (eds) Encyclopedia of Law and Economics. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-7883-6_139-1

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  • DOI: https://doi.org/10.1007/978-1-4614-7883-6_139-1

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  • Publisher Name: Springer, New York, NY

  • Online ISBN: 978-1-4614-7883-6

  • eBook Packages: Springer Reference Economics and FinanceReference Module Humanities and Social SciencesReference Module Business, Economics and Social Sciences

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