A test for weakly separable preferences
John Quah
No 708, Economics Series Working Papers from University of Oxford, Department of Economics
Abstract:
We identify necessary and sufficient conditions under which a finite data set of price vectors and consumption bundles can be rationalized by a weakly separable utility function. Our result could be understood as a generalization of Afriat's Theorem.
Keywords: Afriat's Theorem; utility function; revealed preference; generalized axiom (search for similar items in EconPapers)
JEL-codes: C14 C60 C61 D11 D12 (search for similar items in EconPapers)
Date: 2014-05-21
New Economics Papers: this item is included in nep-mic and nep-upt
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Citations: View citations in EconPapers (17)
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Persistent link: https://EconPapers.repec.org/RePEc:oxf:wpaper:708
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