(Non-) Parametric Recoverability of Preferences and Choice Prediction

L Zrill - Review of Economics and Statistics, 2024 - direct.mit.edu
Simple functional forms for utility require restrictive structural assumptions that are often
contrary to observed behavior. Even so, they are widely used in applied economic research …

An algebraic approach to revealed preference

M Freer, C Martinelli - Economic Theory, 2023 - Springer
We propose and develop an algebraic approach to revealed preference. Our approach
dispenses with non-algebraic structure, such as topological assumptions. We provide …

Power against random expenditure allocation for revealed preference tests

P Hjertstrand - Journal of Economic Behavior & Organization, 2021 - Elsevier
This paper proposes new power indices for revealed preference tests. The indices are
based on models of irrational consumption behavior where the consumer randomly …