scholarly journals Goodness of Fit Measures for Revealed Preference Tests: Complexity Results and Algorithms

Author(s):  
Bart Smeulders ◽  
Laurens Cherchye ◽  
Bram De Rock ◽  
Frits Spieksma

2014 ◽  
Vol 2 (1) ◽  
pp. 1-16 ◽  
Author(s):  
Bart Smeulders ◽  
Frits C. R. Spieksma ◽  
Laurens Cherchye ◽  
Bram De Rock


2013 ◽  
Author(s):  
Fabrice Nobibon Talla ◽  
L. Cherchye ◽  
Yves Crama ◽  
Thomas Demuynck ◽  
Bram De Rock ◽  
...  






2018 ◽  
Vol 10 (1) ◽  
pp. 102-131 ◽  
Author(s):  
Thomas Demuynck ◽  
Christian Seel

We derive revealed preference tests for models where individuals use consideration sets to simplify their consumption problem. Our basic test provides necessary and sufficient conditions for consistency of observed choices with the existence of consideration set restrictions. The same conditions can also be derived from a model in which the consideration set formation is endogenous and based on subjective prices. By imposing restrictions on these subjective prices, we obtain additional refined revealed preference tests. We illustrate and compare the performance of our tests by means of a dataset on household consumption choices. (JEL D11, D12, M31)



2011 ◽  
pp. 83-98
Author(s):  
Laurens Cherchye ◽  
Bram De Rock ◽  
Frederic Vermeulen ◽  
Ewout Verriest






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