کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
967042 | 931140 | 2006 | 20 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Demand properties of concavifiable preferences
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موضوعات مرتبط
مهندسی و علوم پایه
ریاضیات
ریاضیات کاربردی
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چکیده انگلیسی
The purpose of the present paper is to clarify the relation between choice theory for individual consumers, i.e., the observed demand behavior, and the preference ordering â½ of that individual. Specifically, we study how concavifiability (i.e., representability of â½ by a concave utility function) is expressed by quantities (cross-coefficients) appearing in revealed preferences theory. We present a sequence of rather explicit necessary conditions for concavifiability. All these conditions are quantitative asymptotic strengthenings of the strong axiom of revealed preference. The results and concepts are illustrated by means of examples in which an expenditure data is defined by providing its generating utility function.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Mathematical Economics - Volume 43, Issue 1, December 2006, Pages 36-55
Journal: Journal of Mathematical Economics - Volume 43, Issue 1, December 2006, Pages 36-55
نویسندگان
Yevgenia Apartsin, Yakar Kannai,