This paper sets out necessary and sufficient empirical conditions for rational intrinsic habits models in the revealed preference tradition of <xref ref-type="bibr" rid="R41">Samuelson (1948)</xref>, <xref ref-type="bibr" rid="R29">Houthakker (1950)</xref>, <xref ref-type="bibr" rid="R3">Afriat (1967)</xref>, and <xref ref-type="bibr" rid="R11">Browning (1989)</xref>. The conditions in the paper are shown to be computationally straightforward and...

Characteristics models have been found to be useful in many areas of economics. However, their empirical implementation tends to rely heavily on functional form assumptions. In this paper we develop a revealed preference approach to characteristics models. We derive the necessary and sufficient...

Characteristics models have been found to be useful in many areas of economics. However, their empirical implementation tends to rely heavily on functional form assumptions. In this paper we develop a revealed preference approach to characteristics models. We derive the necessary and sufficient...