Testing axioms of revealed preference in Stata

The revealed preference approach in economics is central to the empirical analysis of consumer behavior. In this article, we introduce commands checkax, aei, and powerps as a bundle within package rpaxioms. first command allows user test whether expenditure data satisfy several axioms; second calculates measures goodness fit when violate these third power against uniformly random behavior well predictive success for each axiom. We illustrate using individual-level experimental household-level aggregate consumption data.