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Found 6 papers, 1 papers with code
Goodness-of-fit and utility estimation: what's possible and what's not
Goodness-of-fit indices are typically generated by loss functions and we find that standard loss functions usually do not yield a best-fitting utility function when they are minimized.
Revealed preference and revealed preference cycles: a survey
Afriat's Theorem (1967) states that a dataset can be thought of as being generated by a consumer maximizing a continuous and increasing utility function if and only if it is free of revealed preference cycles containing a strict relation.
Money Pumps and Bounded Rationality
The standard criterion of rationality in economics is the maximization of a utility function that is stable across multiple observations of an agent's choice behavior.
Comparative statics with adjustment costs and the le Chatelier principle
We develop a theory of monotone comparative statics for models with adjustment costs.
Price Heterogeneity as a source of Heterogenous Demand
We explore heterogenous prices as a source of heterogenous or stochastic demand.
Revealed Price Preference: Theory and Empirical Analysis
We develop a novel test of linear hypotheses on partially identified parameters to estimate the proportion of the population who are revealed better off due to a price change in the latter application.
