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the claim
The Law of Demand does not hold for Marshallian demand
the verdict
SUPPORTED
the evidence backs this
refutedsupported
the weight of evidence
2 sources for · 0 against

While standard economic theory assumes a downward-sloping demand curve, empirical and experimental studies demonstrate that exceptions such as Giffen behavior and the loss of confidence effect can lead to upward-sloping or non-monotonic demand.

Evidence for · 2
2008 · cited by 15
Provides real-world evidence of Giffen behavior (upward sloping demand for staple foods among extremely poor households), demonstrating that the Law of Demand does not always hold.
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The analysis

Judged against the evidence record for claims of this kind.

More for · 1
2019 · cited by 1
Demonstrates through an experimental study that the loss of confidence effect can cause market demand curves to be non-monotonically decreasing, violating the Law of Demand.
Everything we examined (2)
We also searched for evidence AGAINST this claim, not only for it.
  1. Giffen Behavior and Subsistence Consumption.peer-reviewedsupports
  2. The law of demand and the loss of confidence effect: An experimental study.peer-reviewedsupports
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first checked05 Aug 2026
judged → SUPPORTED · 7105 Aug 2026
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