Arbeitspapier
Testing Axioms of Revealed Preference in Stata
This paper introduces the Stata commands checkax, aei, and powers as a bundle within the package rpaxioms. The first command allows the user to test whether consumer demand data satisfy a number of revealed preference axioms at a given efficiency level, the second command calculates measures of goodness-of-fit when the data violate these axioms, and the third command calculates power against uniformly random behavior as well as predictive success for each axiom at any given efficiency level. The commands are illustrated using experimental individual-level data and aggregated household-level consumption data.
- Sprache
-
Englisch
- Erschienen in
-
Series: IFN Working Paper ; No. 1342
- Klassifikation
-
Wirtschaft
Econometric Software
Consumer Economics: Empirical Analysis
- Thema
-
Rpaxioms
Checkax
Aei
Powerps
Afriat effciency index
GARP
Revealed preference
Power
Predictive success
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Demetry, Marcos
Hjertstrand, Per
Polisson, Matthew
- Ereignis
-
Veröffentlichung
- (wer)
-
Research Institute of Industrial Economics (IFN)
- (wo)
-
Stockholm
- (wann)
-
2020
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Demetry, Marcos
- Hjertstrand, Per
- Polisson, Matthew
- Research Institute of Industrial Economics (IFN)
Entstanden
- 2020