On Generalized Revealed Preference Analysis

descriptionPublicationkeyboard_double_arrow_right Article 01 May 1993 English Publisher:Oxford University Press (OUP)Journal:The Quarterly Journal of Economics, volume 108, pages 493-506 (issn: 0033-5533, eissn: 1531-4650,

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Authors: Chavas, Jean-Paul; Cox, Thomas L.;

doi: 10.2307/2118341

On Generalized Revealed Preference Analysis

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Abstract

Summary: This paper considers the revealed preference implications of a fairly general optimization hypothesis under any finite number of constraints. It extends Afriat's seminal nonparametric analysis. The usefulness of the results are illustrated in two examples.

Related Organizations

University of Wisconsin–Oshkosh
United States
University of Wisconsin–Madison
United States

Keywords

revealed preference, nonparametric analysis, general optimization hypothesis, Individual preferences

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