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Consumption patterns of village chicken products along the urban-rural gradient
Mseleku C +3 more
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Revealed Deliberate Preference Change
SSRN Electronic Journal, 2020This research studies a model for voter preference change based on two normative principles. First, justification: the voters must be able to justify their preference changes by making qualities of the alternatives relevant or irrelevant to their decisions.
Niels Boissonnet +2 more
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Revista Brasileira de Economia de Empresas, 2023
When the preferences of a consumer can be represented by a utility function, the consumption (the demand) of the consumer is obtained by the maximization of the utility under the consumer budget constraint and the prices of goods. Actually, what is known is the demand correspondence obtained from observations and not one hypothetical utility function ...
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When the preferences of a consumer can be represented by a utility function, the consumption (the demand) of the consumer is obtained by the maximization of the utility under the consumer budget constraint and the prices of goods. Actually, what is known is the demand correspondence obtained from observations and not one hypothetical utility function ...
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Four Revealed Preference Tables
The Scandinavian Journal of Economics, 1981In this article we consider how revealed preference inferences change when the assumptions maintained are altered. In the first two models, a demand correspondence is generated by utility maximization; the conditions on the underlying preference relation differ only with respect to the strength of the convexity assumptions.
Yrjö O. Vartia +2 more
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On Revealed Preference Analysis
The Review of Economic Studies, 1978In this paper we shall be concerned with the theory of revealed preference understood in its original sense (Samuelson [19]), namely, as a theory of rational consumer's behaviour in competitive market situations; (see Richter [18] for the formulation and development of a general, abstract theory).
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2006
AbstractThis chapter emphasizes the utility maximization of Samuelson's Revealed Preference Theory. It looks for consistency, form, forecasting, and recoverability criteria within the theory. It concludes that the strong axiom is necessary and sufficient for utility maximization, as well as rich in empirical content.
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AbstractThis chapter emphasizes the utility maximization of Samuelson's Revealed Preference Theory. It looks for consistency, form, forecasting, and recoverability criteria within the theory. It concludes that the strong axiom is necessary and sufficient for utility maximization, as well as rich in empirical content.
openaire +1 more source