Correcting for Random Budgets in Revealed Preference Experiments

Experiments on revealed preference often use budget sets that are randomly and independently drawn according to some criteria for each participant. However, this means that the budget sets faced by different individuals are not the same. This paper proposes a method to control for these differences....

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Bibliographic Details
Main Authors: Mir Adnan Mahmood, John Rehbeck
Format: Article
Language:English
Published: MDPI AG 2022-04-01
Series:Games
Subjects:
Online Access:https://www.mdpi.com/2073-4336/13/2/30