| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 956698 | Journal of Economic Theory | 2016 | 11 Pages |
Abstract
We provide a universal condition for rationalizability by risk-averse expected utility preference in a demand-based framework with multiple commodities. Our test can be viewed as a natural counterpart of a classical test of expected utility, due to Fishburn (1975), in a demand setting.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Christopher P. Chambers, Ce Liu, Seung-Keun Martinez,