منابع مشابه
On Revealed Preference Analysis
Your use of the JSTOR archive indicates your acceptance of JSTOR's Terms and Conditions of Use, available at http://www.jstor.org/about/terms.html. JSTOR's Terms and Conditions of Use provides, in part, that unless you have obtained prior permission, you may not download an entire issue of a journal or multiple copies of articles, and you may use content in the JSTOR archive only for your perso...
متن کاملOn Revealed Preference and Indivisibilities
We consider a market model in which all commodities are inherently indivisible and thus are traded in integer quantities. We ask whether a finite set of price-quantity observations satisfying the Generalized Axiom of Revealed Preference (GARP) is consistent with utility maximization. Although familiar conditions such as non-satiation become meaningless in the current discrete model, by refining...
متن کاملKernel Methods for Revealed Preference Analysis
In classical revealed preference analysis we are given a sequence of linear prices (i.e., additive over goods) and an agent’s demand at each of the prices. The problem is to determine whether the observed demands are consistent with utility-maximizing behavior, and if so, recover a representation of the agent’s utility function. In this work, we consider a setting where an agent responds to non...
متن کاملRevealed 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.
متن کاملSTRATEGIC COMPLEMENTARITY: a revealed preference analysis
Extended Abstract: The most familiar setting for revealed preference analysis is that of consumer demand. In that context, Afriat’s Theorem (1967) gives necessary and sufficient conditions on a collection of observations to be consistent with the maximization of a monotone utility function, where each observation consists of a price vector and a demand bundle. Afriat’s Theorem is the starting p...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Economic Theory
سال: 2013
ISSN: 0938-2259,1432-0479
DOI: 10.1007/s00199-013-0782-y