Revealed Independence and Quasi-linear Choice

Stephen A Clark

Oxford Economic Papers, 1988, vol. 40, issue 3, 550-59

Abstract: Revealed independence requires that revealed preference satisfy the independence property from expected utility theory. This condition i s essentially the same as the quasi-linearity of the choice function, i.e., it is a linear operator on convex combinations of budget sets. The author demonstrates the equivalence of the strong and weak axioms of revealed preference for quasi-linear choice functions with convex domains. Copyright 1988 by Royal Economic Society.

Date: 1988
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