A Representation Theorem for General Revealed Preference
Mikhail Freer and
Cesar Martinelli ()
No 2018-28, Working Papers ECARES from ULB -- Universite Libre de Bruxelles
We provide a representation theorem for revealed preference of an agent whose consumption set is contained in a general topological space (separable Hausdorff space). We use this result to construct a revealed preference test that applies to choice over infinite consumption streams and probability distribution spaces, among other cases of interest in economics. In particular, we construct a revealed preference test for best-responding behavior in strategic games.
Keywords: Revealed preference; representation theorem; preference extensions; equilibrium (search for similar items in EconPapers)
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