Afriat's theorem for general budget sets

Afriat proved the equivalence of a variant of the strong axiom of revealed preference and the existence of a solution to a set of linear inequalities. From this solution he constructed a utility function rationalizing the choices of a competitive consumer. We extend Afriat's theorem to a class...

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Veröffentlicht in:	Journal of economic theory 2009, Vol.144 (1), p.135-145
Hauptverfasser:	Forges, Françoise, Minelli, Enrico
Format:	Artikel
Sprache:	eng
Schlagworte:	Budgets Competitiveness Consumer behaviour Economic conditions Economic theory GARP GARP Rational choice Revealed preferences SARP WARP Inequality Preferences Rational choice Revealed preferences SARP Studies Utility functions WARP
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