Artikel
Is utility transferable? a revealed preference analysis
The transferable utility hypothesis underlies important theoretical results in household economics. We provide a revealed preference framework for bringing this (theoretically appealing) hypothesis to observational data. We establish revealed preference conditions that must be satisfied for observed household consumption behavior to be consistent with transferable utility. We also show that these conditions are testable by means of integer programming methods.
- Sprache
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Englisch
- Erschienen in
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Journal: Theoretical Economics ; ISSN: 1555-7561 ; Volume: 10 ; Year: 2015 ; Issue: 1 ; Pages: 51-65 ; New Haven, CT: The Econometric Society
- Klassifikation
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Wirtschaft
Semiparametric and Nonparametric Methods: General
Consumer Economics: Theory
Consumer Economics: Empirical Analysis
Household Production and Intrahousehold Allocation
- Thema
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Transferable utility hypothesis
generalized quasi-linearity
household consump- tion
nonparametric tests
revealed preferences
- Ereignis
-
Geistige Schöpfung
- (wer)
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Cherchye, Laurens
Demuynck, Thomas
De Rock, Bram
- Ereignis
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Veröffentlichung
- (wer)
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The Econometric Society
- (wo)
-
New Haven, CT
- (wann)
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2015
- DOI
-
doi:10.3982/TE1560
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Cherchye, Laurens
- Demuynck, Thomas
- De Rock, Bram
- The Econometric Society
Entstanden
- 2015
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