Zobrazeno 1 - 8
of 8
pro vyhledávání: '"Lanier, Joshua"'
Autor:
Lanier, Joshua, Quah, John K. -H.
A goodness-of-fit index measures the consistency of consumption data with a given model of utility-maximization. We show that for the class of well-behaved (i.e., continuous and increasing) utility functions there is no goodness-of-fit index that is
Externí odkaz:
http://arxiv.org/abs/2405.08464
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. The latter
Externí odkaz:
http://arxiv.org/abs/2405.08459
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. In this paper, we discuss two notions of the money pump that characterize two corr
Externí odkaz:
http://arxiv.org/abs/2404.04843
Akademický článek
Tento výsledek nelze pro nepřihlášené uživatele zobrazit.
K zobrazení výsledku je třeba se přihlásit.
K zobrazení výsledku je třeba se přihlásit.
Autor:
Lanier, Joshua
This thesis consists of three self-contained chapters covering topics in consumer theory. The first chapter presents an estimator for a Marshallian demand function which not only obeys all of the standard assumptions of consumer theory but will also
Externí odkaz:
https://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.757907
We present a statistical test for the hypothesis of rational utility maximization on the basis of nonparametric revealed preference conditions. Our test is conservative for the utility maximization hypothesis. We take as null hypothesis that the cons
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______1131::4edd2af1e4abccf2e17239cff47842c2
https://lirias.kuleuven.be/handle/123456789/655623
https://lirias.kuleuven.be/handle/123456789/655623
Publikováno v:
ECARES Working Papers; 2020-19
We present a statistical test for the hypothesis of rational utility maximization on the basis of nonparametric revealed preference conditions. Our test is conservative for the utility maximization hypothesis. We take as null hypothesis that the cons
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______2101::4727d6f65941e549fcb40fdfff0aa539
http://hdl.handle.net/2013/ULB-DIPOT:oai:dipot.ulb.ac.be:2013/307516
http://hdl.handle.net/2013/ULB-DIPOT:oai:dipot.ulb.ac.be:2013/307516