Construct · 2 fields · 2 citations
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In consumer theory, bundle refers to a combination of goods evaluated by the characteristics it provides to the consumer. This meaning comes from Lancaster (1966) in Journal of Political Economy. Here bundle is not a space that looks locally like a product of a base and a fiber.[1]
In topology, bundle refers to a space that looks locally like a product of a base and a fiber. This meaning comes from Steenrod (1951) in The topology of fibre bundles. Here bundle is not a combination of goods evaluated by the characteristics it provides to the consumer.[2]
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