Revealed preference with a subset of goods
type: Item
instance of: scholarly article
title: Revealed preference with a subset of goods
zbMATH Open document ID: 0649.90007
DOI: 10.1016/0022-0531(88)90158-5
published in: Journal of Economic Theory
publication date: 1988-01-01T00:00:00Z
full work available at URL: http://hdl.handle.net/2027.42/27112
review text: Suppose that you observe n choices of k goods and prices when the consumer is actually choosing from a set of \(k+1\) goods. Then revealed preference theory puts essentially no restrictions on the behavior of the data. This is true even if you also observe the quantity demanded of good \(k+1\), or its price. The proofs of these statements are not difficult.
Mathematics Subject Classification ID: 91B10
zbMATH DE Number: 4060930
zbMATH Keywords: demand analysis
zbMATH Keywords: revealed preference
author: Hal R. Varian
MaRDI profile type: Publication
OpenAlex ID: W1998472783
cites work: The Construction of Utility Functions from Expenditure Data
cites work: Afriat and Revealed Preference Theory
cites work: Expectations, Demand, and Observability
cites work: The Nonparametric Approach to Demand Analysis
cites work: Non-Parametric Tests of Consumer Behaviour
description: scientific article; zbMATH DE number 4060930