Two new proofs of Afriat’s theorem

B-Tier
Journal: Economic Theory
Year: 2004
Volume: 24
Issue: 1
Pages: 211-219

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

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

Abstract

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 Copyright Springer-Verlag Berlin/Heidelberg 2004

Technical Details

RePEc Handle
repec:spr:joecth:v:24:y:2004:i:1:p:211-219
Journal Field
Theory
Author Count
3
Added to Database
2026-01-25