Two new proofs of Afriat's theorem

被引:48
作者
Fostel, A
Scarf, HE [1 ]
Todd, MJ
机构
[1] Yale Univ, Cowles Fdn Res Econ, New Haven, CT 06520 USA
[2] Yale Univ, Dept Econ, New Haven, CT 06520 USA
[3] Cornell Univ, Sch Operat Res & Ind Engn, Ithaca, NY 14853 USA
关键词
Afriat's theorem; SARP; GARP;
D O I
10.1007/s00199-003-0438-4
中图分类号
F [经济];
学科分类号
02 ;
摘要
We provide two new, simple proofs of Afriat's celebrated theorem stating that a finite set of price-quantity observations is consistent with utility maximization if, and only if, the observations satisfy a variation of the Strong Axiom of Revealed Preference known as the Generalized Axiom of Revealed Preference.
引用
收藏
页码:211 / 219
页数:9
相关论文
共 5 条