Recovering Preferences from Finite Data

Christopher Chambers, Federico Echenique and Nicolas Lambert

Papers from arXiv.org

Abstract: We study preferences estimated from finite choice experiments and provide sufficient conditions for convergence to a unique underlying "true" preference. Our conditions are weak, and therefore valid in a wide range of economic environments. We develop applications to expected utility theory, choice over consumption bundles, menu choice and intertemporal consumption. Our framework unifies the revealed preference tradition with models that allow for errors.

Date: 2019-09, Revised 2020-10
New Economics Papers: this item is included in nep-dcm and nep-upt
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Citations: View citations in EconPapers (4)

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Journal Article: Recovering Preferences From Finite Data (2021)
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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:1909.05457

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