Revealed preference and the subjective state space hypothesis

Fernando Payro Chew

Journal of Mathematical Economics, 2019, vol. 82, issue C, 61-68

Abstract: This paper provides, for finite sets of choice data, revealed preference characterizations for the additive representations considered in Dekel et al. (2001). For a particular class of data sets, it is shown that the characterizing conditions can be reformulated as nonlinear systems of inequalities for which the existence of solutions can be verified using numerical methods.

Keywords: Menu preference; Subjective state space; Revealed preference (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:eee:mateco:v:82:y:2019:i:c:p:61-68

DOI: 10.1016/j.jmateco.2019.01.010

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