# Two new proofs of Afriat’s theorem

*Ana Fostel*,
*Herbert Scarf* and
*Michael Todd* ()

*Economic Theory*, 2004, vol. 24, issue 1, 211-219

**Abstract:**
We provide two new, simple proofs of Afriat’s celebrated theorem stating that a finite set of price-quantity observations is consistent with utility maximization if, and only if, the observations satisfy a variation of the Strong Axiom of Revealed Preference known as the Generalized Axiom of Revealed Preference Copyright Springer-Verlag Berlin/Heidelberg 2004

**Keywords:** Afriat’s theorem; SARP; GARP. (search for similar items in EconPapers)

**Date:** 2004

**References:** Add references at CitEc

**Citations** View citations in EconPapers (37) Track citations by RSS feed

**Downloads:** (external link)

http://hdl.handle.net/10.1007/s00199-003-0438-4 (text/html)

Access to full text is restricted to subscribers.

**Related works:**

Working Paper: Two New Proofs of Afriat's Theorem (2004)

Working Paper: Two New Proofs of Afriat's Theorem (2004)

Working Paper: Two New Proofs of Afriat's Theorem (2003)

This item may be available elsewhere in EconPapers: Search for items with the same title.

**Export reference:** BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text

**Persistent link:** https://EconPapers.repec.org/RePEc:spr:joecth:v:24:y:2004:i:1:p:211-219

**Ordering information:** This journal article can be ordered from

http://www.springer. ... eory/journal/199/PS2

Access Statistics for this article

Economic Theory is currently edited by *Nichoals Yanneils*

More articles in Economic Theory from Springer, Society for the Advancement of Economic Theory (SAET) Contact information at EDIRC.

Bibliographic data for series maintained by Sonal Shukla ().