A Comprehensive Approach to Revealed Preference Theory
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Hiroki Nishimura & Efe A. Ok & John K.-H. Quah, 2017. "A Comprehensive Approach to Revealed Preference Theory," American Economic Review, American Economic Association, vol. 107(4), pages 1239-1263, April.
- Hiroki Nishimura & Efe A. Ok & John K.-H. Quah, 2016. "A Comprehensive Approach to Revealed Preference Theory," Working Papers 201614, University of California at Riverside, Department of Economics.
References listed on IDEAS
- Fishburn, Peter C, 1976. "Representable Choice Functions," Econometrica, Econometric Society, vol. 44(5), pages 1033-1043, September.
- Varian, Hal R, 1982. "The Nonparametric Approach to Demand Analysis," Econometrica, Econometric Society, vol. 50(4), pages 945-973, July.
- 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.
- Edward J. Green & Kent Osband, 1991. "A Revealed Preference Theory for Expected Utility," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 58(4), pages 677-695.
- Herden, G., 1989. "On the existence of utility functions," Mathematical Social Sciences, Elsevier, vol. 17(3), pages 297-313, June.
- Forges, Françoise & Minelli, Enrico, 2009.
"Afriat's theorem for general budget sets,"
Journal of Economic Theory, Elsevier, vol. 144(1), pages 135-145, January.
- Francoise Forges & Enrico Minelli, 2006. "Afriat’s Theorem for General Budget Sets," CESifo Working Paper Series 1703, CESifo.
- Francoise Forges & Enrico Minelli, 2006. "Afriat's Theorem for General Budget Sets," Working Papers ubs0609, University of Brescia, Department of Economics.
- Philip J. Reny, 2015. "A Characterization of Rationalizable Consumer Behavior," Econometrica, Econometric Society, vol. 83, pages 175-192, January.
- Green, Richard C. & Srivastava, Sanjay, 1986. "Expected utility maximization and demand behavior," Journal of Economic Theory, Elsevier, vol. 38(2), pages 313-323, April.
- Richard W. Blundell & Martin Browning & Ian A. Crawford, 2003.
"Nonparametric Engel Curves and Revealed Preference,"
Econometrica, Econometric Society, vol. 71(1), pages 205-240, January.
- Richard Blundell & Martin Browning & Ian Crawford, 1997. "Non-parametric Engel curves and revealed preferences," IFS Working Papers W97/14, Institute for Fiscal Studies.
- Richard Blundell & Martin Browning & Ian Crawford, 2002. "Nonparametric Engel Curves and Revealed Preference," CAM Working Papers 2002-04, University of Copenhagen. Department of Economics. Centre for Applied Microeconometrics.
- Richard Blundell & Martin Browning & Ian Crawford, 1998. "Nonparametric Engel Curves and Revealed Preference," Discussion Papers 99-07, University of Copenhagen. Department of Economics.
- Chiappori, Pierre-Andre & Rochet, Jean-Charles, 1987. "Revealed Preferences and Differentiable Demand: Notes and Comments," Econometrica, Econometric Society, vol. 55(3), pages 687-691, May.
- Herden, G., 1989. "On the existence of utility functions ii," Mathematical Social Sciences, Elsevier, vol. 18(2), pages 107-117, October.
- Efe A. Ok, 2007. "Preliminaries of Real Analysis, from Real Analysis with Economic Applications," Introductory Chapters, in: Real Analysis with Economic Applications, Princeton University Press.
- Yoram Halevy & Dotan Persitz & Lanny Zrill, 2018.
"Parametric Recoverability of Preferences,"
Journal of Political Economy, University of Chicago Press, vol. 126(4), pages 1558-1593.
- Halevy, Yoram & Persitz, Dotan & Zrill, Lanny, 2012. "Parametric Recoverability of Preferences," Microeconomics.ca working papers yoram_halevy-2012-20, Vancouver School of Economics, revised 28 Aug 2015.
- Halevy, Yoram & Persitz, Dotan & Zrill, Lanny, 2016. "Parametric Recoverability of Preferences," Microeconomics.ca working papers yoram_halevy-2016-11, Vancouver School of Economics, revised 02 Nov 2016.
- James Andreoni & Charles Sprenger, 2012.
"Estimating Time Preferences from Convex Budgets,"
American Economic Review, American Economic Association, vol. 102(7), pages 3333-3356, December.
- James Andreoni & Charles Sprenger, 2010. "Estimating Time Preferences from Convex Budgets," NBER Working Papers 16347, National Bureau of Economic Research, Inc.
- James Andreoni & Charles Sprenger, 2010. "Estimating Time Preferences from Convex Budgets," Levine's Working Paper Archive 814577000000000457, David K. Levine.
- Walter Bossert & Kotaro Suzumura, 2012.
"Revealed preference and choice under uncertainty,"
SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 3(1), pages 247-258, March.
- BOSSERT, Walter & SUZUMURA, Kotaro, 2010. "Revealed Preference and Choice under Uncertainty," Cahiers de recherche 21-2010, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
- BOSSERT, Walter & SUZUMURA, Kotaro, 2010. "Revealed Preference and Choice under Uncertainty," Cahiers de recherche 2010-12, Universite de Montreal, Departement de sciences economiques.
- Thomas Demuynck, 2009.
"Absolute and Relative Time-Consistent Revealed Preferences,"
Theory and Decision, Springer, vol. 66(3), pages 283-299, March.
- T. Demuynck, 2007. "Absolute and Relative Time-Consistent Revealed Preferences," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 07/485, Ghent University, Faculty of Economics and Business Administration.
- Thomas Demuynck, 2009. "Absolute and relative time-consistent revealed preferences," ULB Institutional Repository 2013/252246, ULB -- Universite Libre de Bruxelles.
- Efe A. Ok & Lin Zhou, 1999.
"Revealed group preferences on non-convex choice problems,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 13(3), pages 671-687.
- Ok, E.A. & Zhou, L., 1996. "Revealed Group Preferences on Non-Convex Choice Problems," Working Papers 96-39, C.V. Starr Center for Applied Economics, New York University.
- Shane Frederick & George Loewenstein & Ted O'Donoghue, 2002. "Time Discounting and Time Preference: A Critical Review," Journal of Economic Literature, American Economic Association, vol. 40(2), pages 351-401, June.
- Nash, John, 1950. "The Bargaining Problem," Econometrica, Econometric Society, vol. 18(2), pages 155-162, April.
- Andreu Mas-Colell, 1978. "On Revealed Preference Analysis," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 45(1), pages 121-131.
- Jean-Paul Chavas & Thomas L. Cox, 1993. "On Generalized Revealed Preference Analysis," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 108(2), pages 493-506.
- Syngjoo Choi & Raymond Fisman & Douglas Gale & Shachar Kariv, 2007.
"Consistency, Heterogeneity, and Granularity of Individual Behavior under Uncertainty,"
Levine's Bibliography
321307000000000793, UCLA Department of Economics.
- Syngjoo Choi & Raymond Fisman & Douglas Gale & Shachar Kariv, 2007. "Consistency, Heterogeneity, and Granularity of Individual Behavior under Uncertainty," Economics Working Papers 0076, Institute for Advanced Study, School of Social Science.
- Syngjoo Choi & Raymond Fisman & Douglas Gale & Shachar Kariv, 2007. "Consistency and Heterogeneity of Individual Behavior under Uncertainty," American Economic Review, American Economic Association, vol. 97(5), pages 1921-1938, December.
- Browning, Martin, 1989. "A Nonparametric Test of the Life-Cycle Rational Expectations Hypothesis," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 30(4), pages 979-992, November.
- Stiglitz, Joseph E, 1974.
"On the Irrelevance of Corporate Financial Policy,"
American Economic Review, American Economic Association, vol. 64(6), pages 851-866, December.
- Joseph E. Stiglitz, 1972. "On the Irrelevance of Corporate Financial Policy," Cowles Foundation Discussion Papers 339, Cowles Foundation for Research in Economics, Yale University.
- ,, 2010.
"Rationalizable voting,"
Theoretical Economics, Econometric Society, vol. 5(1), January.
- Tasos Kalandrakis, 2008. "Rationalizable Voting," Wallis Working Papers WP51, University of Rochester - Wallis Institute of Political Economy.
- Matzkin, Rosa L, 1991. "Axioms of Revealed Preference for Nonlinear Choice Sets," Econometrica, Econometric Society, vol. 59(6), pages 1779-1786, November.
- Dziewulski, Paweł, 2018.
"Revealed time preference,"
Games and Economic Behavior, Elsevier, vol. 112(C), pages 67-77.
- Pawel Dziewulski, 2015. "Revealed time-preference," Economics Series Working Papers 748, University of Oxford, Department of Economics.
- W. E. Diewert, 1973. "Afriat and Revealed Preference Theory," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 40(3), pages 419-425.
- repec:dau:papers:123456789/4099 is not listed on IDEAS
- 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.
- Francoise Forges & Enrico Minelli, 2009. "Afriat's theorem for generalized budget sets," Post-Print hal-00360726, HAL.
- Efe A. Ok & Gil Riella, 2014. "Topological Closure of Translation Invariant Preorders," Mathematics of Operations Research, INFORMS, vol. 39(3), pages 737-745, August.
- Fishburn, Peter C., 1975. "Separation theorems and expected utilities," Journal of Economic Theory, Elsevier, vol. 11(1), pages 16-34, August.
- Heufer, Jan, 2014. "Nonparametric comparative revealed risk aversion," Journal of Economic Theory, Elsevier, vol. 153(C), pages 569-616.
- Evren, Özgür & Ok, Efe A., 2011. "On the multi-utility representation of preference relations," Journal of Mathematical Economics, Elsevier, vol. 47(4-5), pages 554-563.
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.- John Quah & Hiroki Nishimura & Efe A. Ok, 2013.
"A Unified Approach to Revealed Preference Theory: The Case of Rational Choice,"
Economics Series Working Papers
686, University of Oxford, Department of Economics.
- Hiroki Nishimura & Efe A. Ok & John K.-H. Quah, 2014. "A Unified Approach to Revealed Preference Theory: The Case of Rational Choice," Working Papers 201418, University of California at Riverside, Department of Economics.
- 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.
- Christopher P. Chambers & Federico Echenique & Nicolas S. Lambert, 2021.
"Recovering Preferences From Finite Data,"
Econometrica, Econometric Society, vol. 89(4), pages 1633-1664, July.
- Christopher P. Chambers & Federico Echenique & Nicolas Lambert, 2019. "Recovering Preferences from Finite Data," Papers 1909.05457, arXiv.org, revised Oct 2020.
- 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.
- Federico Echenique, 2020.
"New Developments in Revealed Preference Theory: Decisions Under Risk, Uncertainty, and Intertemporal Choice,"
Annual Review of Economics, Annual Reviews, vol. 12(1), pages 299-316, August.
- Federico Echenique, 2019. "New developments in revealed preference theory: decisions under risk, uncertainty, and intertemporal choice," Papers 1908.07561, arXiv.org, revised Dec 2019.
- Heufer, Jan & Hjertstrand, Per, 2019. "Homothetic preferences revealed," Journal of Economic Behavior & Organization, Elsevier, vol. 157(C), pages 602-614.
- Eileen Tipoe & Abi Adams & Ian Crawford, 2022. "Revealed preference analysis and bounded rationality [Consume now or later? Time inconsistency, collective choice and revealed preference]," Oxford Economic Papers, Oxford University Press, vol. 74(2), pages 313-332.
- Pawel Dziewulski, 2021. "A comprehensive revealed preference approach to approximate utility maximisation," Working Paper Series 0621, Department of Economics, University of Sussex Business School.
- Thomas Demuynck & John Rehbeck, 2023.
"Computing revealed preference goodness-of-fit measures with integer programming,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 76(4), pages 1175-1195, November.
- Thomas Demuynck & John Rehbeck, 2021. "Computing Revealed Preference Goodness of fit Measures with Integer Programming," Working Papers ECARES 2021-26, ULB -- Universite Libre de Bruxelles.
- Thomas Demuynck & John Rehbeck, 2023. "Computing Revealed Preference Goodness of fit Measures with Integer Programming," ULB Institutional Repository 2013/359107, ULB -- Universite Libre de Bruxelles.
- Polisson, Matthew & Renou, Ludovic, 2016.
"Afriat’s Theorem and Samuelson’s ‘Eternal Darkness’,"
Journal of Mathematical Economics, Elsevier, vol. 65(C), pages 36-40.
- Matthew Polisson & Ludovic Renou, 2016. "Afriat's Theorem and Samuelson's `Eternal Darkness'," Discussion Papers in Economics 16/09, Division of Economics, School of Business, University of Leicester.
- Pawe{l} Dziewulski & Joshua Lanier & John K. -H. Quah, 2024. "Revealed preference and revealed preference cycles: a survey," Papers 2405.08459, arXiv.org.
- Geoffroy de Clippel & Kareen Rozen, 2020. "Relaxed Optimization: e-Rationalizability and the FOC-Departure Index in Consumer Theory," Working Papers 2020-07, Brown University, Department of Economics.
- Heufer, Jan, 2013. "Quasiconcave preferences on the probability simplex: A nonparametric analysis," Mathematical Social Sciences, Elsevier, vol. 65(1), pages 21-30.
- Victor H Aguiar & Nail Kashaev, 2021.
"Stochastic Revealed Preferences with Measurement Error [Consistency between Household-level Consumption Data from Registers and Surveys],"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 88(4), pages 2042-2093.
- Victor H. Aguiar & Nail Kashaev, 2018. "Stochastic Revealed Preferences with Measurement Error," Papers 1810.05287, arXiv.org, revised Sep 2020.
- Dziewulski, Paweł, 2020.
"Just-noticeable difference as a behavioural foundation of the critical cost-efficiency index,"
Journal of Economic Theory, Elsevier, vol. 188(C).
- Pawel Dziewulski, 2019. "Just-noticeable difference as a behavioural foundation of the critical cost-efficiency index," Working Paper Series 0519, Department of Economics, University of Sussex Business School.
- 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.
- Pawel Dziewulski, 2018. "Just-noticeable difference as a behavioural foundation of the critical cost-efficiency," Economics Series Working Papers 848, University of Oxford, Department of Economics.
- Castillo, Marco E. & Cross, Philip J. & Freer, Mikhail, 2019. "Nonparametric utility theory in strategic settings: Revealing preferences and beliefs from proposal–response games," Games and Economic Behavior, Elsevier, vol. 115(C), pages 60-82.
- Alan Beggs, 2021. "Afriat and arbitrage," Economic Theory Bulletin, Springer;Society for the Advancement of Economic Theory (SAET), vol. 9(2), pages 167-176, October.
- 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.
More about this item
Keywords
Revealed Preference; Rational Choice; Afriat's Theorem; Richter's Theorem; Engel Curves.;All these keywords.
JEL classification:
- D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
- D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
NEP fields
This paper has been announced in the following NEP Reports:- NEP-MIC-2015-08-13 (Microeconomics)
- NEP-UPT-2015-08-13 (Utility Models and Prospect Theory)
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:oxf:wpaper:752. 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: Anne Pouliquen (email available below). General contact details of provider: https://edirc.repec.org/data/sfeixuk.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.