Blundell, Richard; Browning, Martin; Crawford, Ian - In: Econometrica 76 (2008) 6, pp. 1227-1262
This paper uses revealed preference inequalities to provide the tightest possible (best) nonparametric bounds on predicted consumer responses to price changes using consumer-level data over a finite set of relative price changes. These responses are allowed to vary nonparametrically across the...