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Choice, rationality and welfare measurement
Green, Jerry R. (contributor); Hojman, Daniel (contributor) - 2007
Persistent link: https://www.econbiz.de/10003712663
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Choice, rationality and welfare measurement
Green, Jerry R. (contributor); Hojman, Daniel (contributor) - 2007
Persistent link: https://www.econbiz.de/10003621886
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Monotonic aggregation of preferences and the rationalization of choice functions
Green, Jerry R.; Hojman, Daniel - 2015 - This Version: July 2014
Persistent link: https://www.econbiz.de/10011372854
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Choice, Rationality and Welfare Measurement
Green, Jerry; Hojman, Daniel - Kennedy School of Government, Harvard University - 2007
We present a method for evaluating the welfare of a decision maker, based on observed choice data. Unlike the standard economic theory of revealed preference, our method can be used whether or not the observed choices are rational. Paralleling the standard theory we present a model for choice...
Persistent link: https://www.econbiz.de/10005237187
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Choice, Rationality and Welfare Measurement
Green, Jerry; Hojman, Daniel - 2007
We present a method for evaluating the welfare of a decision maker, based on observed choice data. Unlike the standard economic theory of revealed preference, our method can be used whether or not the observed choices are rational. Paralleling the standard theory we present a model for choice...
Persistent link: https://www.econbiz.de/10014222674