Some assert that it is impossible to test preference restrictions against revealed preference. The “goodness” preference restriction simply assumes that one value of a nonmarket good is preferred over another other with any fixed commodity consumption. This paper uses a preference-theoretic methodology to show how goodness can be falsified by revealed preference for compensation-based welfare a...

This study explores the tension between the standard economic theory of preference and non-standard theories of preference that are motivated by an underlying theory of framing. A simple experiment was performed to measure a known preference, the value of a card that can be exchanged for $2 cash. The measurement does not produce the known preference and instead reports a preference that has pro...

   Recently, Farzipoor Saen [Journal of the Operational Research Society, 60(11), 1575–1582 (2009)] proposed a method based on data envelopment analysis to identify optimistic efficient suppliers in the presence of nondiscretionary factors-imprecise data. This short communication aims at showing a computational error in computing the value of preference intensity parameter in Farzipoor Saen’s [...

The number of resources of information has increased significantly and Information Retrieval (IR) based on keyword in web has become very significant.XML has become the widely used format for sharing of information. As the number of resources of information has increased significantly and retrieval of correct data according to user preference may not be achieved efficiently. In order to improve...