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We provide a revealed preference analysis of the transferable utility hypothesis, which is widely used in economic models. First, we establish revealed preference conditions that must be satisfied for observed group behavior to be consistent with Pareto efficiency under transferable utility....
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Digital signal processing is an area of science and engineering that has been developed rapidly over the past years. This rapid development is the result of the significant advances in digital computer technology and integrated circuits fabrication. Many of the signal processing tasks...
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The transferable utility hypothesis underlies important theoretical results in household economics. We provide a revealed preference framework for bringing this (theoretically appealing) hypothesis to observational data. We establish revealed preference conditions that must be satisfied for...
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We provide a revealed preference analysis of the transferable utility hypothesis, which is widely used in economic models. First, we establish revealed preference conditions that must be satisfied for observed group behavior to be consistent with Pareto efficiency under transferable utility....
Persistent link: https://www.econbiz.de/10014185457
Persistent link: https://www.econbiz.de/10013426065
, Torremolinos, Spain, May 16 - 18, 1996. The book is an undispensable source of the latest research results, presented by the …
Persistent link: https://www.econbiz.de/10013519357