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Two New Proofs of Afriat's Theorem

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Author Info
M.J. Todd
A. Fostel
H.E. Scarf

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Abstract

We provide two, new simple proofs of Afriat's celebrated theorem..

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File URL: http://repec.org/esNASM04/up.7221.1077827345.pdf
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Paper provided by Econometric Society in its series Econometric Society 2004 North American Summer Meetings with number 632.

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Date of creation: 11 Aug 2004
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Handle: RePEc:ecm:nasm04:632

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Keywords: Afriat's theorem; SARP; GARP;

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Find related papers by JEL classification:
D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
C60 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - General

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  1. Francoise Forges & Enrico Minelli, 2006. "Afriat's Theorem for General Budget Sets," Working Papers ubs0609, University of Brescia, Department of Economics. [Downloadable!]
    Other versions:
  2. Chambers, Christopher P. & Echenique, Federico, . "Supermodularizability," Working Papers 1248, California Institute of Technology, Division of the Humanities and Social Sciences. [Downloadable!]
  3. Green, Jerry & Hojman, Daniel, 2007. "Choice, Rationality and Welfare Measurement," Working Paper Series rwp07-054, Harvard University, John F. Kennedy School of Government. [Downloadable!]
  4. David Laibson & Leeat Yariv, 2007. "Safety in Markets: An Impossibility Theorem for Dutch Books," Levine's Bibliography 122247000000001746, UCLA Department of Economics. [Downloadable!]
    Other versions:
  5. Leeat Yariv, 2004. "Safety in Markets: An Impossibility Theorem for Dutch Books," Theory workshop papers 658612000000000072, UCLA Department of Economics. [Downloadable!]
  6. Teo Chung Piaw & Rakesh V. Vohra, 2003. "Afrait's Theorem and Negative Cycles," Discussion Papers 1377, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
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