Identification of Preferences from Market Data

We offer a new proof that the equilibrium manifold (under complete markets) identifies individual demands globally. Moreover, under observation of only a subset of the equilibrium manifold, we find domains on which aggregate and individual demands are identifiable. Our argument avoids the assumption of Balasko (2004) requiring the observation of the complete manifold.

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Year of publication:	2005
Authors:	AndrÃ©s Carvajal ; Riascos, Alvaro
Published in:	Advances in Theoretical Economics. - Berkeley Electronic Press. - Vol. 5.2005, 1, p. 1195-1195
Publisher:	Berkeley Electronic Press
Subject:	General equilibrium \| consumer demand \| identification

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Extent:	application/pdf
Type of publication:	Article
Notes:	oai:bepress:bejte-1195
Classification:	D51 - Exchange and Production Economies
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005579444