scholarly journals A Simple Method to Account for Measurement Errors in Revealed Preference Tests

2013 ◽  
Author(s):  
Per Hjertstrand
Keyword(s):  
Measurement Errors ◽  
Revealed Preference ◽  
Simple Method ◽  
Preference Tests

scholarly journals Revealed Preference Tests of Collectively Rational Consumption Behavior: Formulations and Algorithms

2013 ◽  
Author(s):  
Fabrice Nobibon Talla ◽  
L. Cherchye ◽  
Yves Crama ◽  
Thomas Demuynck ◽  
Bram De Rock ◽  
...  
Keyword(s):  
Revealed Preference ◽  
Consumption Behavior ◽  
Preference Tests

Revealed Preference Tests of Network Formation Models

2013 ◽  
Author(s):  
Khai Xiang Chiong
Keyword(s):  
Network Formation ◽  
Revealed Preference ◽  
Preference Tests

Incorporating the gas analyzer response time in gas exchange computations

1979 ◽  
Vol 47 (5) ◽  
pp. 1118-1122 ◽  
Author(s):  
R. R. Mitchell
Keyword(s):  
Exchange Rate ◽  
Gas Exchange ◽  
Response Time ◽  
Measurement Errors ◽  
Computation Time ◽  
Numerical Differentiation ◽  
Carbon Dioxide Production ◽  
Gas Analyzer ◽  
Simple Method ◽  
Gas Exchange Rate

A simple method for including the gas analyzer response time in the breath-by-breath computation of gas exchange rates is described. The method uses a difference equation form of a model for the gas analyzer in the computation of oxygen uptake and carbon dioxide production and avoids a numerical differentiation required to correct the gas fraction wave forms. The effect of not accounting for analyzer response time is shown to be a 20% underestimation in gas exchange rate. The present method accurately measures gas exchange rate, is relatively insensitive to measurement errors in the analyzer time constant, and does not significantly increase the computation time.

REVEALED PREFERENCE TESTS OF THE STOLPER?SAMUELSON THEOREM

2000 ◽  
Vol 14 (4) ◽  
pp. 355-375 ◽  
Author(s):  
Derek Pyne
Keyword(s):  
Revealed Preference ◽  
Preference Tests

scholarly journals Revealed Preference with Limited Consideration

2018 ◽  
Vol 10 (1) ◽  
pp. 102-131 ◽  
Author(s):  
Thomas Demuynck ◽  
Christian Seel
Keyword(s):  
Sufficient Conditions ◽  
Revealed Preference ◽  
Household Consumption ◽  
Consideration Sets ◽  
Consideration Set ◽  
Consumption Choices ◽  
Consideration Set Formation ◽  
Necessary And Sufficient ◽  
Preference Tests ◽  
Basic Test

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)

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

2012 ◽  
Author(s):  
Bart Smeulders ◽  
Laurens Cherchye ◽  
Bram De Rock ◽  
Frits Spieksma
Keyword(s):  
Goodness Of Fit ◽  
Revealed Preference ◽  
Complexity Results ◽  
Preference Tests

A COMPARISON OF TWO METHODS FOR TESTING THE UTILITY MAXIMIZATION HYPOTHESIS WHEN QUANTITY DATA ARE MEASURED WITH ERROR

2005 ◽  
Vol 9 (5) ◽  
pp. 612-629 ◽  
Author(s):  
BARRY E. JONES ◽  
PHILIPPE DE PERETTI
Keyword(s):  
Measurement Errors ◽  
Utility Maximization ◽  
Revealed Preference ◽  
The United States ◽  
Theoretical Terms ◽  
Empirical Application ◽  
Stochastic Framework ◽  
Multiple Sample ◽  
Monetary Assets ◽  
Compare And Contrast

The Generalized Axiom of Revealed Preference (GARP) can be violated because of random measurement errors in the observed quantity data. We study two tests proposed by Varian (1985) and de Peretti (2004), which test GARP within an explicit stochastic framework. Both tests compute adjusted quantity data that are compliant with GARP. We compare and contrast the two tests in theoretical terms and in an empirical application. The empirical application is based on testing a large group of monetary assets for the United States over multiple sample periods spanning 1960–1992. We found that both tests provided reasonable results and were largely consistent with each other.

Revealed Preference Tests for Collective Household Behavior

2011 ◽  
pp. 83-98
Author(s):  
Laurens Cherchye ◽  
Bram De Rock ◽  
Frederic Vermeulen ◽  
Ewout Verriest
Keyword(s):  
Revealed Preference ◽  
Household Behavior ◽  
Preference Tests

Revealed preference tests of indirect and homothetic weak separability of financial assets, consumption and leisure

2019 ◽  
Vol 42 ◽  
pp. 108-114 ◽  
Author(s):  
Per Hjertstrand ◽  
James L. Swofford
Keyword(s):  
Revealed Preference ◽  
Financial Assets ◽  
Weak Separability ◽  
Preference Tests
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