منابع مشابه
Tax-benefit Revealed Social Preferences
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Consider the seller’s problem of finding “optimal” prices for her (divisible) goods when faced with a set of consumers, given that she can only observe their purchased bundles at set prices, i.e., access to only revealed preferences (demand oracle). We study both social welfare and profit maximization under this setting, assuming concave valuation function of consumers and convex production cos...
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This paper presents a model of real effort provision in conjunction with rational social preference theory to predict how individuals exert effort to replace an exogenously determined ‘‘state of the world’’ with a preferred social outcome. Binary dictator games and real effort tasks are used to examine whether individuals exert effort in a manner that is consistent with their revealed preferenc...
متن کاملRevealed Reversals of Preferences
We weaken the implicit assumption of rational choice theory that imposes that preferences do not depend on the choice set. We concentrate on the cases where the preferences change monotonically when the choice set expands. We show that rationalizability is then equivalent to state the usual strong axiom of revealed preferences to the binary relation of "revealed reversals of preferences".
متن کاملHow Are Preferences Revealed?
Revealed preferences are tastes that rationalize an economic agent's observed actions. Normative preferences represent the agent's actual interests. It sometimes makes sense to assume that revealed preferences are identical to normative preferences. But there are many cases where this assumption is violated. We identify five factors that increase the likelihood of a disparity between revealed p...
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ژورنال
عنوان ژورنال: The Journal of Economic Inequality
سال: 2010
ISSN: 1569-1721,1573-8701
DOI: 10.1007/s10888-010-9153-0