Hal R. Varian of the University of California, Berkeley reviews “Revealed Preference Theory,” by Christopher P. Chambers and Federico Echenique. The Econlit abstract of this book begins: “Presents mathematical models that capture the preferences revealed through consumer choice behavior, addresses the relation between theory and data, and studies situations in which empirical observations are consistent or inconsistent with theories in economics. Discusses mathematical preliminaries; classical abstract choice theory; rational demand; topics in rational demand; practical issues in revealed preference analysis; production; stochastic choice; choice under uncertainty; general equilibrium theory; game theory; social choice and political science; revealed preference and systems of polynomial inequalities; and revealed preference and model theory.”
Revealed preference and choice under uncertainty
