Hoderlein, Stefan; Stoye, Jörg - In: The Review of Economics and Statistics 96 (2014) 2, pp. 197-213
This paper explores the empirical content of the weak axiom of revealed preference (WARP) for repeated cross-sections. In a heterogeneous population, the fraction of consumers who violate WARP is not point identified but can be bounded. These bounds, as well as some nonparametric refinements,...