A revealed preference test for weakly separable preferences.
Consider a finite data set of price vectors and consumption bundles; under what conditions will there be a weakly separable utlity function that rationalizes the data? This paper shows that rationalization in this sense is possible if and only if there exists a preference order on some finite set o...
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| Format: | Working paper |
| Language: | English |
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Department of Economics (University of Oxford)
2012
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