Revealed preference analysis for convex rationalizations on nonlinear budget sets
نویسندگان
چکیده
منابع مشابه
Revealed preference analysis for convex rationalizations on nonlinear budget sets
We present necessary and sufficient revealed preference conditions to verify whether a nite data set on nonlinear budget sets is consistent with the maximization of a quasi–concave utility function. Our results can be used to test for convexity of the underlying preference relation. We also show that inmany settings, our conditions are easy to use in practical applications.
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ژورنال
عنوان ژورنال: Journal of Economic Theory
سال: 2014
ISSN: 0022-0531
DOI: 10.1016/j.jet.2014.05.002