Arbeitspapier
Aggregation without the aggravation? Nonparametric analysis of the representative consumer
In the tradition of Afriat (1967), Diewert (1973) and Varian (1982), we provide a revealed preference characterisation of the representative consumer. Our results are simple and complement those of Gorman (1953, 1961), Samuelson (1956) and others. They can also be applied to data very readily and without the need for auxilliary parametric or statistical assumptions. We investigate the application of our characterisation by means of a balanced microdata panel survey. Our findings provide robust evidence against the existence of a representative consumer for our data.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 6266
- Klassifikation
-
Wirtschaft
Household Behavior: General
Distribution: General
Welfare Economics: General
General Aggregative Models: General
- Thema
-
revealed preference
aggregation
Gorman polar form
GARP
Konsumentenverhalten
Offenbarte Präferenzen
Nichtparametrisches Verfahren
Schätzung
Spanien
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Cherchye, Laurens
Crawford, Ian
De Rock, Bram
Vermeulen, Frederic
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2011
- Handle
- URN
-
urn:nbn:de:101:1-201203016514
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Cherchye, Laurens
- Crawford, Ian
- De Rock, Bram
- Vermeulen, Frederic
- Institute for the Study of Labor (IZA)
Entstanden
- 2011
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