A general revealed preference test for quasilinear preferences: theory and experiments

A-Tier
Journal: Experimental Economics
Year: 2023
Volume: 26
Issue: 3
Pages: 673-696

Authors (2)

Marco Castillo (Texas A&M University) Mikhail Freer (not in RePEc)

Score contribution per author:

2.011 = (α=2.01 / 2 authors) × 2.0x A-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Abstract We provide a generalized revealed preference test for quasilinear preferences. The test applies to nonlinear budget sets and non-convex preferences as those found in taxation and nonlinear pricing contexts. We study the prevalence of quasilinear preferences in a laboratory real-effort task experiment with nonlinear wages. The experiment demonstrates the empirical relevance of our test. We find support for either convex (non-separable) preferences or quasilinear preferences but weak support for the hypothesis of both quasilinear and convex preferences.

Technical Details

RePEc Handle
repec:kap:expeco:v:26:y:2023:i:3:d:10.1007_s10683-023-09790-1
Journal Field
Experimental
Author Count
2
Added to Database
2026-01-25