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Stochastic homothetically revealed preference for tight stochastic demand functions

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  • Jan Heufer

    () (TU Dortmund University and Ruhr Graduate School in Economics)

Abstract

This paper strengthens the framework of stochastic revealed preferences introduced by Bandyopadhyay et al. (1999, 2004) for stochastic homothetically revealed preferences for tight stochastic demand functions.

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File URL: http://www.accessecon.com/Pubs/EB/2009/Volume29/EB-09-V29-I3-P92.pdf
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Bibliographic Info

Article provided by AccessEcon in its journal Economics Bulletin.

Volume (Year): 29 (2009)
Issue (Month): 3 ()
Pages: 2472-2477

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Handle: RePEc:ebl:ecbull:eb-09-00480

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Related research

Keywords: Homotheticity; Stochastic Revealed Preference;

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References

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  1. Indraneel Dasgupta, 2005. "Consistent firm choice and the theory of supply," Economic Theory, Springer, vol. 26(1), pages 167-175, 07.
  2. Bandyopadhyay, Taradas & Bandyopadhyay, Bandyopadhyay & Pattanaik, Prasanta K., 2002. "Demand Aggregation and the Weak Axiom of Stochastic Revealed Preference," Journal of Economic Theory, Elsevier, vol. 107(2), pages 483-489, December.
  3. Indraneel Dasgupta, 2009. "Supply Theory sans Profit Maximization," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 9(1), pages 26.
  4. Taradas Bandyopadhyay & Indraneel Dasgupta & Prasanta Pattanaik, 2004. "A general revealed preference theorem for stochastic demand behavior," Economic Theory, Springer, vol. 23(3), pages 589-599, March.
  5. Shasikanta Nandeibam, 2009. "On probabilistic rationalizability," Social Choice and Welfare, Springer, vol. 32(3), pages 425-437, March.
  6. Bandyopadhyay, Taradas & Dasgupta, Indraneel & Pattanaik, Prasanta K., 1999. "Stochastic Revealed Preference and the Theory of Demand," Journal of Economic Theory, Elsevier, vol. 84(1), pages 95-110, January.
  7. Liu, Pak-Wai & Wong, Kam-Chau, 2000. "Revealed homothetic preference and technology," Journal of Mathematical Economics, Elsevier, vol. 34(3), pages 287-314, November.
  8. Jan Heufer, 2008. "Stochastic Revealed Preference and Rationalizability," Ruhr Economic Papers 0070, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
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