Approximately rational consumer demand and Ville cycles

DOI10.1016/0022-0531(92)90071-OzbMath0745.90021MaRDI QIDQ1183698

Michael Jerison, David S. Jerison

Publication date: 28 June 1992

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/0022-0531(92)90071-o

zbMATH Keywords

measure of the Slutsky asymmetry of a demand function; revealed preference inconsistencies

Mathematics Subject Classification ID

91B50: General equilibrium theory

91B42: Consumer behavior, demand theory

Related Items

Approximately rational consumer demand, How quasi-rational are you?: A behavioral interpretation of a two form which measures non-integrability of a system of demand equations, Slutsky matrix norms: the size, classification, and comparative statics of bounded rationality

Cites Work

• Duality and rationality
• Nontransitive-nontotal consumer theory
• Revealed preference cycles and the Slutsky matrix
• An integrability condition with applications to utility theory and thermodynamics
• Empirical Evidence on the Law of Demand
• "Almost" Implies "Near"
• The Nontransitive Consumer
• The Demand Theory of the Weak Axiom of Revealed Preference
• On a System of Inequalities in Demand Analysis: An Extension of the Classical Method
• Ville Axioms and Consumer Theory
• Expectations, Demand, and Observability