Bandyopadhyay, Taradas; Dasgupta, Indraneel; Pattanaik, … - University <Nottingham> / Department of Economics
We generalize the stochastic revealed preference approach to consumers’ behavior introduced byBandyopadhyay, Dasgupta and Pattanaik (1999). We identify a restriction on stochastic demandbehavior that we term “Stochastic Substitutability” (SS)...
