Revealed preference analysis for convex rationalizations on nonlinear budget sets

A-Tier
Journal: Journal of Economic Theory
Year: 2014
Volume: 152
Issue: C
Pages: 224-236

Score contribution per author:

1.345 = (α=2.02 / 3 authors) × 2.0x A-tier

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

Abstract

We present necessary and sufficient revealed preference conditions to verify whether a finite data set on nonlinear budget sets is consistent with the maximization of a quasi-concave utility function. When budget sets are finite unions of polyhedral convex sets, these conditions require feasibility of a set of linear inequalities, which makes them easy to use in practical applications.

Technical Details

RePEc Handle
repec:eee:jetheo:v:152:y:2014:i:c:p:224-236
Journal Field
Theory
Author Count
3
Added to Database
2026-01-25