有說:「Law of demand is not derived from indifference
curve analysis but an assertion」This saying, more or less,
is based on the logical possibility of Giffen Good in indifference
curve analysis。
當我們把石頭拋出,石頭可能漂浮於空中,也可能下降。但
Law of Gravity
卻推斷石頭不會漂浮只會下跌。 Law of Gravity 的推斷不斷為事實確認, 這正好說明,「石頭有可能漂浮」這可能性實無礙
Law of Gravity
的實用性。
總結:
The possibility of Giffen Good means that quantity demanded need
not fall when price increases. However, if quantity demanded can
either increase or decrease when price increases, no refutable implications
on the effect of price change can be derived. We assert that quantity
demanded can only decrease when price increases because (1) this
assertion can bring us refutable implications and (2) the refutable
implications coming from it are repeatedly confirmed by facts.