Appendix 3. The Weak Axiom of Revealed Preference and the Slutsky Decomposition

Market Demand ◽  
1994 ◽  
pp. 175-179
Keyword(s):  
Revealed Preference ◽  
Weak Axiom

ON INTERRELATIONS BETWEEN FUZZY CONGRUENCE AXIOMS

2012 ◽  
Vol 08 (03) ◽  
pp. 297-310
Author(s):  
S. R. CHAUDHARI ◽  
S. S. DESAI
Keyword(s):  
Transitive Closure ◽  
Revealed Preference ◽  
Arbitrary Domain ◽  
Fuzzy Congruence ◽  
Weak Axiom

In this paper we establish interrelations between fuzzy direct revelation axiom (FDRA), fuzzy transitive-closure coherence axiom (FTCCA), fuzzy consistent-closure coherence axiom (FCCCA) and fuzzy intermediate congruence axiom (FICA). We also establish their relationships with weak fuzzy congruence axiom (WFCA), strong fuzzy congruence axiom (SFCA) and weak axiom of fuzzy revealed preference (WAFRP). Condition for equivalence of fuzzy Arrow axiom (FAA) and weak fuzzy congruence axiom (WFCA) on arbitrary domain is also given.

The Weak Axiom of Revealed Preference in a Productive Economy

1989 ◽  
Vol 56 (4) ◽  
pp. 635 ◽  
Author(s):  
B. Grodal ◽  
W. Hildenbrand
Keyword(s):  
Revealed Preference ◽  
Weak Axiom

The Weak Axiom of Revealed Preference for Market Demand Is Strong

Econometrica ◽  
1989 ◽  
Vol 57 (4) ◽  
pp. 979 ◽  
Author(s):  
Werner Hildenbrand
Keyword(s):  
Revealed Preference ◽  
Market Demand ◽  
Weak Axiom

Complexity results for the weak axiom of revealed preference for collective consumption models

2015 ◽  
Vol 58 ◽  
pp. 82-91 ◽  
Author(s):  
Bart Smeulders ◽  
Laurens Cherchye ◽  
Bram De Rock ◽  
Frits C.R. Spieksma ◽  
Fabrice Talla Nobibon
Keyword(s):  
Revealed Preference ◽  
Complexity Results ◽  
Weak Axiom

scholarly journals The Demand Theory of the Weak Axiom of Revealed Preference

Econometrica ◽  
1976 ◽  
Vol 44 (5) ◽  
pp. 971 ◽  
Author(s):  
Richard Kihlstrom ◽  
Andreu Mas-Colell ◽  
Hugo Sonnenschein
Keyword(s):  
Revealed Preference ◽  
Demand Theory ◽  
Weak Axiom

scholarly journals Revealed Preference with Stochastic Demand Correspondence

2010 ◽  
Vol 10 (1) ◽  
Author(s):  
Indraneel Dasgupta ◽  
P. K Pattanaik
Keyword(s):  
Stochastic Demand ◽  
Revealed Preference ◽  
Random Choice ◽  
Preference Theory ◽  
Special Cases ◽  
Choice Sets ◽  
Revealed Preference Theory ◽  
Weak Axiom

We extend the revealed preference theory of consumer’s behavior originating in Samuelson’s Weak Axiom of Revealed Preference to simultaneously permit both non-singleton choice sets and random choice. We provide a consistency postulate for demand behavior when such behavior is represented in terms of a stochastic demand correspondence. When the consumer spends his or her entire wealth, our rationality postulate is equivalent to a condition we term “stochastic substitutability.” This equivalence generates as special cases in most of the basic results regarding consumers’ demand behavior in the existing revealed preference literature.

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