Note on generated choice and axioms of revealed preference Report as inadecuate




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Abstract

In this article, we study the axiomatic foundations of revealed preference theory. Let P denote the strict and R the weak revealed preference, respectively. The purpose of the paper is to show that weak, strong, and Hansson-s axioms of revealed preference can be given as identities using the generated choices with respect to P and R in terms of maximality and in terms of greatestness.



Item Type: MPRA Paper -

Original Title: Note on generated choice and axioms of revealed preference-

Language: English-

Keywords: Revealed preference, Weak axiom of revealed preference, Strong axiom of revealed preference, Hansson-s axiom of revealed preference-

Subjects: D - Microeconomics > D7 - Analysis of Collective Decision-Making > D70 - GeneralC - Mathematical and Quantitative Methods > C0 - General > C02 - Mathematical MethodsD - Microeconomics > D0 - General > D00 - GeneralC - Mathematical and Quantitative Methods > C6 - Mathematical Methods ; Programming Models ; Mathematical and Simulation Modeling > C60 - General-





Author: Magyarkuti, Gyula

Source: https://mpra.ub.uni-muenchen.de/20358/







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