Markov Chain Monte Carlo Procedure to Generate Revealed Preference Consistent Datasets
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Demuynck, Thomas, 2021. "A Markov Chain Monte Carlo procedure to generate revealed preference consistent datasets," Journal of Mathematical Economics, Elsevier, vol. 97(C).
- Thomas Demuynck, 2021. "A Markov Chain Monte Carlo procedure to generate revealed preference consistent datasets," ULB Institutional Repository 2013/322198, ULB -- Universite Libre de Bruxelles.
References listed on IDEAS
- Ian Crawford & Bram De Rock, 2014.
"Empirical Revealed Preference,"
Annual Review of Economics, Annual Reviews, vol. 6(1), pages 503-524, August.
- Ian Crawford & Bram De Rock, 2013. "Empirical Revealed Preference," Working Papers ECARES ECARES 2013-32, ULB -- Universite Libre de Bruxelles.
- Demuynck, Thomas & Hjertstrand, Per, 2019.
"Samuelson's Approach to Revealed Preference Theory: Some Recent Advances,"
Working Paper Series
1274, Research Institute of Industrial Economics.
- Thomas Demuynck & Per Hjertstrand, 2020. "Samuelson’s Approach to Revealed Preference Theory: Some Recent Advances," ULB Institutional Repository 2013/314701, ULB -- Universite Libre de Bruxelles.
- Timothy K. M. Beatty & Ian A. Crawford, 2011.
"How Demanding Is the Revealed Preference Approach to Demand?,"
American Economic Review, American Economic Association, vol. 101(6), pages 2782-2795, October.
- Tim Beatty & Ian Crawford, 2010. "How demanding is the revealed preference approach to demand," CeMMAP working papers CWP17/10, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
- Jan Heufer, 2014. "Generating Random Optimising Choices," Computational Economics, Springer;Society for Computational Economics, vol. 44(3), pages 295-305, October.
- Donald J. Brown & Caterina Calsamiglia, 2008.
"The Nonparametric Approach to Applied Welfare Analysis,"
Lecture Notes in Economics and Mathematical Systems, in: Computational Aspects of General Equilibrium Theory, pages 41-46,
Springer.
- Donald Brown & Caterina Calsamiglia, 2007. "The Nonparametric Approach to Applied Welfare Analysis," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 31(1), pages 183-188, April.
- Donald J. Brown & Caterina Calsamiglia, 2005. "The Nonparametric Approach to Applied Welfare Analysis," Cowles Foundation Discussion Papers 1507, Cowles Foundation for Research in Economics, Yale University.
- Varian, Hal R., 1990.
"Goodness-of-fit in optimizing models,"
Journal of Econometrics, Elsevier, vol. 46(1-2), pages 125-140.
- Varian, H.R., 1989. "Goodness-Of-Fit Optimizing Models," Papers 90-03, Michigan - Center for Research on Economic & Social Theory.
- Varian, Hal R, 1982. "The Nonparametric Approach to Demand Analysis," Econometrica, Econometric Society, vol. 50(4), pages 945-973, July.
- Chambers,Christopher P. & Echenique,Federico, 2016.
"Revealed Preference Theory,"
Cambridge Books,
Cambridge University Press, number 9781107087804, September.
- Chambers,Christopher P. & Echenique,Federico, 2016. "Revealed Preference Theory," Cambridge Books, Cambridge University Press, number 9781107458116, September.
- Claude J. P. Bélisle & H. Edwin Romeijn & Robert L. Smith, 1993. "Hit-and-Run Algorithms for Generating Multivariate Distributions," Mathematics of Operations Research, INFORMS, vol. 18(2), pages 255-266, May.
- Matthew Polisson & John K.-H. Quah & Ludovic Renou, 2020.
"Revealed Preferences over Risk and Uncertainty,"
American Economic Review, American Economic Association, vol. 110(6), pages 1782-1820, June.
- Matthew Polisson & John Quah & Ludovic Renou, 2015. "Revealed preferences over risk and uncertainty," IFS Working Papers W15/25, Institute for Fiscal Studies.
- Matthew Polisson & John K.-H. Quah & Ludovic Renou, 2017. "Revealed preferences over risk and uncertainty," Discussion Paper Series, School of Economics and Finance 201706, School of Economics and Finance, University of St Andrews, revised 16 Apr 2019.
- Matthew Polisson & John K.-H. Quah & Ludovic Renou, 2017. "Revealed preferences over risk and uncertainty," Working Papers 822, Queen Mary University of London, School of Economics and Finance.
- Hal R. Varian, 1983. "Non-parametric Tests of Consumer Behaviour," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 50(1), pages 99-110.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Hjertstrand, Per, 2021. "Power against random expenditure allocation for revealed preference tests," Journal of Economic Behavior & Organization, Elsevier, vol. 188(C), pages 36-45.
- Thomas Demuynck & Tom Potoms, 2022. "Testing revealed preference models with unobserved randomness: a column generation approach," Working Papers ECARES 2022-42, ULB -- Universite Libre de Bruxelles.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Matthew Polisson, 2018.
"A lattice test for additive separability,"
IFS Working Papers
W18/08, Institute for Fiscal Studies.
- Matthew Polisson, 2018. "A Lattice Test for Additive Separability," Discussion Paper Series, School of Economics and Finance 201801, School of Economics and Finance, University of St Andrews.
- Demuynck, Thomas & Hjertstrand, Per, 2019.
"Samuelson's Approach to Revealed Preference Theory: Some Recent Advances,"
Working Paper Series
1274, Research Institute of Industrial Economics.
- Thomas Demuynck & Per Hjertstrand, 2020. "Samuelson’s Approach to Revealed Preference Theory: Some Recent Advances," ULB Institutional Repository 2013/314701, ULB -- Universite Libre de Bruxelles.
- Chambers, Christopher P. & Liu, Ce & Rehbeck, John, 2020.
"Costly information acquisition,"
Journal of Economic Theory, Elsevier, vol. 186(C).
- Liu, Ce & Chambers, Christopher & Rehbeck, John, 2019. "Costly Information Acquisition," Working Papers 2019-9, Michigan State University, Department of Economics.
- Smeulders, Bart & Crama, Yves & Spieksma, Frits C.R., 2019. "Revealed preference theory: An algorithmic outlook," European Journal of Operational Research, Elsevier, vol. 272(3), pages 803-815.
- Cherchye, Laurens & Demuynck, Thomas & De Rock, Bram, 2011.
"Testable implications of general equilibrium models: An integer programming approach,"
Journal of Mathematical Economics, Elsevier, vol. 47(4-5), pages 564-575.
- Laurens CHERCHYE & Thomas DEMUYNCK & Bram DE ROCK, 2009. "Testable implications of general equilibrium models: an integer programming approach," Working Papers of Department of Economics, Leuven ces09.14, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven.
- Laurens Cherchye & Thomas Demuynck & Bram De Rock, 2011. "Testable implications of general equilibrium models: An integer programming approach," ULB Institutional Repository 2013/131708, ULB -- Universite Libre de Bruxelles.
- Laurens Cherchye & Thomas Demuynck & Bram De Rock & Joshua Lanier, 2020. "Are Consumers Rational ?Shifting the Burden of Proof," Working Papers ECARES 2020-19, ULB -- Universite Libre de Bruxelles.
- Cherchye, L.J.H. & Crawford, I. & de Rock, B. & Vermeulen, F.M.P., 2011.
"Aggregation without the Aggravation? Nonparametric Analysis of the Representative Consumer,"
Other publications TiSEM
e6102eac-a248-49dc-ae8e-1, Tilburg University, School of Economics and Management.
- Laurens Cherchye & Ian Crawford & Bram De Rock & Frederic Vermeulen, 2012. "Aggregation without the aggravation? Nonparametric analysis of the representative consumer," CeMMAP working papers CWP03/12, Centre for Microdata Methods and Practice, Institute for Fiscal Studies.
- Cherchye, Laurens & Crawford, Ian & De Rock, Bram & Vermeulen, Frederic, 2011. "Aggregation without the Aggravation? Nonparametric Analysis of the Representative Consumer," IZA Discussion Papers 6266, Institute of Labor Economics (IZA).
- Laurens Cherchye & Ian Crawford & Bram De Rock & Frederic Vermeulen, 2012. "Aggregation without the aggravation? Nonparametric analysis of the representative consumer," CeMMAP working papers 03/12, Institute for Fiscal Studies.
- Cherchye, L.J.H. & Crawford, I. & de Rock, B. & Vermeulen, F.M.P., 2011. "Aggregation without the Aggravation? Nonparametric Analysis of the Representative Consumer," Discussion Paper 2011-143, Tilburg University, Center for Economic Research.
- Laurens CHERCHYE & Ian CRAWFORD & Bram DE ROCK & Frederic VERMEULEN, 2011. "Aggregation without the aggravation? Nonparametric analysis of the representative consumer," Working Papers of Department of Economics, Leuven ces11.36, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven.
- Chambers, Christopher P. & Rehbeck, John, 2018. "Note on symmetric utility," Economics Letters, Elsevier, vol. 162(C), pages 27-29.
- Dieter Saelens, 2022. "Unitary or collective households? A nonparametric rationality and separability test using detailed data on consumption expenditures and time use," Empirical Economics, Springer, vol. 62(2), pages 637-677, February.
- Cherchye, Laurens & Demuynck, Thomas & De Rock, Bram, 2015.
"Is utility transferable? a revealed preference analysis,"
Theoretical Economics, Econometric Society, vol. 10(1), January.
- Cherchye, L.J.H. & Demuynck, T. & de Rock, B., 2011. "Is Utility Transferable? A Revealed Preference Analysis," Other publications TiSEM b87f44e6-4b78-4a32-9d78-6, Tilburg University, School of Economics and Management.
- Laurens Cherchye & Thomas Demuynck & Bram De Rock, 2015. "Is utility transferable? A revealed preference analysis," ULB Institutional Repository 2013/251998, ULB -- Universite Libre de Bruxelles.
- Laurens CHERCHYE & Thomas DEMUYNCK & Bram DE ROCK, 2011. "Is utility transferable? A revealed preference analysis," Working Papers of Department of Economics, Leuven ces11.02, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven.
- Cherchye, L.J.H. & Demuynck, T. & de Rock, B., 2011. "Is Utility Transferable? A Revealed Preference Analysis," Discussion Paper 2011-018, Tilburg University, Center for Economic Research.
- Roy Allen & John Rehbeck, 2021. "Measuring rationality: percentages vs expenditures," Theory and Decision, Springer, vol. 91(2), pages 265-277, September.
- Ian Crawford & Bram De Rock, 2014.
"Empirical Revealed Preference,"
Annual Review of Economics, Annual Reviews, vol. 6(1), pages 503-524, August.
- Ian Crawford & Bram De Rock, 2013. "Empirical Revealed Preference," Working Papers ECARES ECARES 2013-32, ULB -- Universite Libre de Bruxelles.
- Sam Cosaert & Thomas Demuynck, 2015.
"Revealed preference theory for finite choice sets,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 59(1), pages 169-200, May.
- Sam COSAERT & Thomas DEMUYNCK, 2013. "Revealed preference theory for finite choice sets," Working Papers of Department of Economics, Leuven ces13.08, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven.
- Sam Cosaert & Thomas Demuynck, 2015. "Revealed preference theory for finite choice sets," ULB Institutional Repository 2013/251997, ULB -- Universite Libre de Bruxelles.
- Hjertstrand, Per & Swofford, James L. & Whitney, Gerald A., 2023. "Testing for Weak Separability and Utility Maximization with Incomplete Adjustment," Journal of Economic Dynamics and Control, Elsevier, vol. 152(C).
- Shiozawa, Kohei, 2016. "Revealed preference test and shortest path problem; graph theoretic structure of the rationalizability test," Journal of Mathematical Economics, Elsevier, vol. 67(C), pages 38-48.
- Nikolay Klemashev & Alexander Shananin, 2015. "Positively-homogeneous Konus-Divisia indices and their applications to demand analysis and forecasting," Papers 1501.05771, arXiv.org.
- Hjertstrand, Per, 2021. "Power against random expenditure allocation for revealed preference tests," Journal of Economic Behavior & Organization, Elsevier, vol. 188(C), pages 36-45.
- Kohei Shiozawa, 2015. "Revealed Preference Test and Shortest Path Problem; Graph Theoretic Structure of the Rationalizability Test," Discussion Papers in Economics and Business 15-17-Rev.2, Osaka University, Graduate School of Economics, revised Aug 2016.
- Aluma Dembo & Shachar Kariv & Matthew Polisson & John Quah, 2021.
"Ever since Allais,"
IFS Working Papers
W21/15, Institute for Fiscal Studies.
- Aluma Dembo & Shachar Kariv & Matthew Polisson & John K.-H. Quah, 2021. "Ever Since Allais," Bristol Economics Discussion Papers 21/745, School of Economics, University of Bristol, UK.
- Heufer, Jan & Hjertstrand, Per, 2019. "Homothetic preferences revealed," Journal of Economic Behavior & Organization, Elsevier, vol. 157(C), pages 602-614.
More about this item
Keywords
Revealed preference; Markov Chain Monte Carlo; Bronars Power;All these keywords.
JEL classification:
- C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
- D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
NEP fields
This paper has been announced in the following NEP Reports:- NEP-DCM-2020-08-24 (Discrete Choice Models)
- NEP-ORE-2020-08-24 (Operations Research)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eca:wpaper:2013/310214. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Benoit Pauwels (email available below). General contact details of provider: https://edirc.repec.org/data/arulbbe.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.