From revealed preference to preference revelation

被引:2
作者
Makowski, Louis [1 ]
Ostroy, Joseph M. [2 ]
机构
[1] Univ Calif Davis, Dept Econ, Davis, CA 95616 USA
[2] Univ Calif Los Angeles, Dept Econ, Los Angeles, CA 90024 USA
关键词
Preference revelation; Revealed preference; Conjugate duality; Subdifferentiability; Cyclic monotonicity; Quasilinear utility; Ordinal utility; NONPARAMETRIC APPROACH;
D O I
10.1016/j.jmateco.2012.10.002
中图分类号
F [经济];
学科分类号
02 ;
摘要
Utility functions are regarded as elements of a linear space that is paired with a dual representation of choices to demonstrate the similarity between preference revelation and the duality of prices and quantities in revealed preference. With respect to preference revelation, quasilinear versus ordinal utility and choices in an abstract set versus choices in a linear space are distinguished and their separate and common features are explored. The central thread uniting the various strands is the subdifferentiability of convex functions. (C) 2012 Elsevier B.V. All rights reserved.
引用
收藏
页码:71 / 81
页数:11
相关论文
共 20 条
  • [1] Afriat S. N., 1967, Econometrica, V8, P67, DOI DOI 10.2307/2525382
  • [2] [Anonymous], 1973, Topological Vector Spaces
  • [3] Demand properties of concavitiable preferences
    Apartsin, Yevgenia
    Kannai, Yakar
    [J]. JOURNAL OF MATHEMATICAL ECONOMICS, 2006, 43 (01) : 36 - 55
  • [4] The nonparametric approach to applied welfare analysis
    Brown, Donald J.
    Calsamiglia, Caterina
    [J]. ECONOMIC THEORY, 2007, 31 (01) : 183 - 188
  • [5] Diewert E., 1973, REV ECON STUD, V40, P419
  • [6] Ekeland I., 1976, Convex Analysis and Variational Problems
  • [7] MONEY-METRIC UTILITY-FUNCTIONS IN THE THEORY OF REVEALED PREFERENCE
    FUCHSSELIGER, S
    [J]. MATHEMATICAL SOCIAL SCIENCES, 1989, 18 (03) : 199 - 210
  • [8] Characterization of Revenue Equivalence
    Heydenreich, Birgit
    Mueller, Rudolf
    Uetz, Marc
    Vohra, Rakesh V.
    [J]. ECONOMETRICA, 2009, 77 (01) : 307 - 316
  • [9] GROVES SCHEME ON RESTRICTED DOMAINS
    HOLMSTROM, B
    [J]. ECONOMETRICA, 1979, 47 (05) : 1137 - 1144
  • [10] Revealed Preference and the Utility Function
    Houthakker, H. S.
    [J]. ECONOMICA-NEW SERIES, 1950, 17 (66): : 159 - 174