The Demand Theory of the Weak Axiom of Revealed Preference
نویسندگان
چکیده
منابع مشابه
Demand Aggregation and the Weak Axiom of Stochastic Revealed Preference
We address the problem of aggregating demand across a group of consumers, who are identical in terms of wealth and face identical price vectors, but vary in their chosen consumption bundles. We show that, when a stochastic demand function is constructed to aggregate a number of deterministic demand functions, satisfaction of the weak axiom of stochastic revealed preference by this stochastic de...
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ژورنال
عنوان ژورنال: Econometrica
سال: 1976
ISSN: 0012-9682
DOI: 10.2307/1911539