Alcantud, José Carlos R.; Matos, Daniel L.; Palmero, … - Volkswirtschaftliche Fakultät, … - 2009
We provide two new indices of efficiency for determining the degree of coherence in an agent's consumption decisions. We analyze to which extent they improve the efficiency displayed by Varian's (Journal of Econometrics, 1990) index. We report on the results of a Montecarlo experiment that...