Just-noticeable difference as a behavioural foundation of the critical cost-efficiency index

DOI10.1016/J.JET.2020.105071MaRDI QIDQ785544zbMATH OpenOpenAlexFDO

Authors Paweł Dziewulski

Publication date 7 August 2020

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

Full work available at URL https://www.sussex.ac.uk/webteam/gateway/file.php?name=wps-05-2019.pdf&site=24

zbMATH Keywords

critical cost-efficiency indexgeneralised axiom of revealed preferenceinterval orderjust-noticeable differenceutility maximisation

Mathematics Subject Classification ID

Utility theory (91B16)

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Cites work

• Afriat and Revealed Preference Theory
• Afriat's theorem for general budget sets
• Continuous representation of a preference relation on a connected topological space
• Estimating ambiguity aversion in a portfolio choice experiment
• Foundational aspects of theories of measurement
• Giving According to GARP: An Experimental Test of the Consistency of Preferences for Altruism
• Goodness-of-fit in optimizing a consumer model
• Intransitive indifference with unequal indifference intervals
• Numerical representation of interval orders on a topological space
• Numerical representations of imperfectly ordered preferences (A unified geometric exposition)
• On a System of Inequalities in Demand Analysis: An Extension of the Classical Method
• On testing for revealed preference conditions
• Psychophysical foundations of the Cobb-Douglas utility function
• Representing interval orders by a single real-valued function
• Revealed Preference Theory
• Semiorders and a Theory of Utility Discrimination
• Similarity and decision-making under risk (Is there a utility theory resolution to the Allais paradox?)
• The Construction of Utility Functions from Expenditure Data
• The Nonparametric Approach to Demand Analysis
• Two new proofs of Afriat's theorem
• Utility Maximization, Choice and Preference

Cited in

(7)

• Measuring rationality: percentages vs expenditures
• Approval with frames
• Computing revealed preference goodness-of-fit measures with integer programming
• Revealed preference and revealed preference cycles: a survey
• Inflation levels and (in)attention
• A revealed preference approach to approximate utility maximisation
• Intransitive indifference with direction-dependent sensitivity

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