An algebraic approach to revealed preference

Mikhail Freer () and Cesar Martinelli
Additional contact information
Mikhail Freer: University of Essex

Economic Theory, 2023, vol. 75, issue 3, No 4, 717-742

Abstract: Abstract We propose and develop an algebraic approach to revealed preference. Our approach dispenses with non-algebraic structure, such as topological assumptions. We provide algebraic axioms of revealed preference that subsume previous classical revealed preference axioms and show that a data set is rationalizable if and only if it is consistent with an algebraic axiom.

Keywords: Revealed preferences; Unified approach; Algebraic axiom; Revealed preference axiom; Preference extension (search for similar items in EconPapers)
JEL-codes: C02 D01 D11 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s00199-022-01421-9 Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
Working Paper: An algebraic approach to revealed preferences (2021)
Working Paper: An Algebraic Approach to Revealed Preference (2020)
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:75:y:2023:i:3:d:10.1007_s00199-022-01421-9

Ordering information: This journal article can be ordered from
http://www.springer. ... eory/journal/199/PS2

DOI: 10.1007/s00199-022-01421-9

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 () and Springer Nature Abstracting and Indexing ().