Arbeitspapier
Power against random expenditure allocation for revealed preference tests
This paper proposes new power indices for revealed preference tests. The indices are based on a model of irrational consumption behavior where the consumer randomly allocates a certain fraction of expenditure. The methods allow a researcher to trace out the entire power curve against random expenditure allocation. The power indices are illustrated on altruistic choices in experimental data.
- Language
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Englisch
- Bibliographic citation
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Series: IFN Working Paper ; No. 1309
- Classification
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Wirtschaft
Semiparametric and Nonparametric Methods: General
Consumer Economics: Empirical Analysis
- Subject
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GARP
Power
Revealed preference
- Event
-
Geistige Schöpfung
- (who)
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Hjertstrand, Per
- Event
-
Veröffentlichung
- (who)
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Research Institute of Industrial Economics (IFN)
- (where)
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Stockholm
- (when)
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2019
- Handle
- Last update
-
10.03.2025, 11:45 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Hjertstrand, Per
- Research Institute of Industrial Economics (IFN)
Time of origin
- 2019
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