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Revealed preference and the subjective state space hypothesis

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  • Payró, Fernando

Abstract

This paper provides, for finite sets of choice data, revealed preference characterizations for the additive representations considered in Dekel et al. (2001). For a particular class of data sets, it is shown that the characterizing conditions can be reformulated as nonlinear systems of inequalities for which the existence of solutions can be verified using numerical methods.

Suggested Citation

  • Payró, Fernando, 2019. "Revealed preference and the subjective state space hypothesis," Journal of Mathematical Economics, Elsevier, vol. 82(C), pages 61-68.
    • Handle: RePEc:eee:mateco:v:82:y:2019:i:c:p:61-68
    DOI: 10.1016/j.jmateco.2019.01.010
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