Critical Investigations to Revealed Preference Theory
نویسنده
چکیده
Quite oddly, it is extremely seldom in the literature for economists to concern with the critical investigation to revealed preference theory during its seventy-five years history since 1938 when Samuelson first proposed it, so that even if a critical glance at the initial notion of revealed preference can bring us surprising findings which will be enough to reverse the traditional view on this theory. Consider two commodity bundles q 1 and q 2
منابع مشابه
A Multi-Criteria Analysis Model under an Interval Type-2 Fuzzy Environment with an Application to Production Project Decision Problems
Using Multi-Criteria Decision-Making (MCDM) to solve complicated decisions often includes uncertainty, which could be tackled by utilizing the fuzzy sets theory. Type-2 fuzzy sets consider more uncertainty than type-1 fuzzy sets. These fuzzy sets provide more degrees of freedom to illustrate the uncertainty and fuzziness in real-world production projects. In this paper, a new multi-criteria ana...
متن کاملWhat definition of information would be emancipatory one?
Background and Aim: Human-information interaction, either in every day life or in research approaches, depends on pre-assumptions about “what information is”. Sometimes this pre-assumptions become axiomtic in a way that we must return to primary concerns about them to explore new social phenomenas. Information as an object is one of pre-assumptions. In this paper, the mentioned pre-assumptions ...
متن کاملCREDIBILITY THEORY ORIENTED PREFERENCE INDEX FOR RANKING FUZZY NUMBERS
This paper suggests a novel approach for ranking the most applicable fuzzy numbers, i.e. $LR$-fuzzy numbers. Applying the $alpha$-optimistic values of a fuzzy number, a preference criterion is proposed for ranking fuzzy numbers using the Credibility index. The main properties of the proposed preference criterion are also studied. Moreover, the proposed method is applied for ranking fuzz...
متن کاملO-31: Balancing Selected Medication Costs with Total Number of Daily Injections: A Preference Analysis of GnRH-Agonist and AntagonistProtocols by IVF Patients
Background: During in vitro fertilization (IVF), fertility patients are expected to self-administer many injections as part of this treatment. While newer medications have been developed to substantially reduce the number of these injections, such agents are typically much more expensive. Considering these differences in both cost and number of injections, this study compared patient preference...
متن کاملForthcoming in Theoretical Economics. GENERAL REVEALED PREFERENCE THEORY
We generalize the standard revealed-preference exercise in economics, and prove a sufficient condition under which the revealed-preference formulation of an economic theory has universal implications, and when these implications can be recursively enumerated. We apply our theorem to two theories of group behavior: the theory of group preference and of Nash equilibrium.
متن کامل