Arbeitspapier
A Comment on Revealed Preference with a Subset of Goods
Varian (1988) introduced an important proposition regarding restrictions on consumption data if observations of the quantities of a good are missing. In this paper, a simple counterexample is presented to show that the original proof is incorrect, and a new proof is provided. The new proof is not based on choosing the missing quantities such that some bundles are revealed preferred to others, but rather on choosing the unknown quantities such that bundles are not revealed preferred to any bundle with a higher index.
- Sprache
-
Englisch
- Erschienen in
-
Series: Tinbergen Institute Discussion Paper ; No. 16-068/I
- Klassifikation
-
Wirtschaft
Semiparametric and Nonparametric Methods: General
Consumer Economics: Theory
- Thema
-
Nonparametric analysis
revealed preference
missing observations
GARP
- Ereignis
-
Geistige Schöpfung
- (wer)
-
van Bruggen, Paul
- Ereignis
-
Veröffentlichung
- (wer)
-
Tinbergen Institute
- (wo)
-
Amsterdam and Rotterdam
- (wann)
-
2016
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- van Bruggen, Paul
- Tinbergen Institute
Entstanden
- 2016