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This paper is concerned with the axiomatic foundation of the revealed preference theory. Many well-known results in the … given choice function, many of the famous consistency requirements, such as those proposed by Arrow, Sen, Samuelson etc …., are equivalent if every bundle of goods is chosen from some budget sets, and the domain of the choice function satisfies …
Persistent link: https://www.econbiz.de/10010954759
This paper is concerned with the axiomatic foundation of the revealed preference theory. Many well-known results in … requirements, such as those proposed by Arrow, Sen, Samuelson etc., are equivalent if the domain of choice functions satisfy some …
Persistent link: https://www.econbiz.de/10010956032
This paper is concerned with the axiomatic foundation of the revealed preference theory. Many well-known results in … requirements, such as those proposed by Arrow, Sen, Samuelson etc., are equivalent if the domain of choice functions satisfy some …
Persistent link: https://www.econbiz.de/10009652930
judgments involve money (amount willing to pay to avoid an ``unpleasant'' magical contact) than they are when using preference …
Persistent link: https://www.econbiz.de/10005612475
The behavioral assumptions upon which Public Choice, and Game Theory are built, are false. This may not seem to be â …
Persistent link: https://www.econbiz.de/10011135370
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