This paper compares the goods and characteristics models of the consumer within a non-parametric revealed preference … household panel data from the UK milk market. The primary result is that the better fit of the characteristics model is entirely …

<p>This paper compares the goods and characteristics models of the consumer within a non-parametric revealed preference … household panel data from the UK milk market. The primary result is that the better fit of the characteristics model is entirely …

This paper compares the goods and characteristics models of the consumer within a non-parametric revealed preference … household panel data from the UK milk market. The primary result is that the better fit of the characteristics model is entirely …

This paper compares the goods and characteristics models of the consumer within a traditional demand framework.  We … examine the nonparametric revealed preference conditions for the goods and characteristics models, and we develop a … the value added by the characteristics structure in explaining consumer behavior.  We then explore the effects of …

In empirical demand, industrial organization, and labor economics, prices are often unobserved or unobservable since … of prices is known to lead to a number of identi?cation problems. However, in this paper, we show that theory …-consistent demand analysis remains feasible in the presence of partially observed prices, and hence partially observed implied budget …

Revealed preference restrictions are increasingly used to bound demand responses and as shape restrictions in …

We provide a nonparametric revealed preference approach to demand analysis based on homothetic efficiency …

This article provides a robust non-parametric approach to demand analysis based on a concept called homothetic …

between measures of choice consistency and observable demographic characteristics like income and education. …