Note on symmetric utility

C-Tier
Journal: Economics Letters
Year: 2018
Volume: 162
Issue: C
Pages: 27-29

Authors (2)

Score contribution per author:

0.505 = (α=2.02 / 2 authors) × 0.5x C-tier

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

Abstract

This note studies necessary and sufficient conditions for consumer demand data to be generated by a symmetric utility function. We find that a dataset of prices and consumption decisions can be rationalized by a symmetric utility function if and only if the symmetrized dataset satisfies the generalized axiom of revealed preference.

Technical Details

RePEc Handle
repec:eee:ecolet:v:162:y:2018:i:c:p:27-29
Journal Field
General
Author Count
2
Added to Database
2026-01-25