Afriat in the lab

DOI10.1016/J.JET.2017.03.007MaRDI QIDQ2397648zbMATH OpenOpenAlexFDO

Authors Paul van Bruggen, Jan Heufer

Publication date 23 May 2017

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

Full work available at URL https://doi.org/10.1016/j.jet.2017.03.007

zbMATH Keywords

Afriat's theoremexperimental economicsGARPrevealed preferenceutility maximization

Mathematics Subject Classification ID

Experimental studies (91A90) Individual preferences (91B08) Utility theory (91B16)

Recommendations

• Essential data, budget sets and rationalization
• Afriat's theorem for general budget sets
• A study of consumer behavior using laboratory data
• Two new proofs of Afriat's theorem
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Cites work

• A study of consumer behavior using laboratory data
• Afriat and Revealed Preference Theory
• Do subjects separate (or are they sophisticated)?
• Estimating ambiguity aversion in a portfolio choice experiment
• Giving According to GARP: An Experimental Test of the Consistency of Preferences for Altruism
• Revealed preference with a subset of goods
• The Construction of Utility Functions from Expenditure Data
• The Nonparametric Approach to Demand Analysis

Cited in

(3)

• A study of consumer behavior using laboratory data
• Measuring tastes for equity and aggregate wealth behind the veil of ignorance
• Labs of the world, unite!!!

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