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A utility representation theorem for general revealed preference

Freer, Mikhail and Martinelli, César (2021) 'A utility representation theorem for general revealed preference.' Mathematical Social Sciences, 111. pp. 68-76. ISSN 0165-4896

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Abstract

We provide a utility representation theorem for the revealed preference of an agent choosing in an arbitrary space endowed with a separable partial order. The result can be applied to construct new revealed preference tests for choices over infinite consumption streams and probability distribution spaces, among other cases of interest in economics. As an illustration, we construct revealed preference tests for best-responding behavior in strategic games and infinite horizon consumption problems.

Item Type: Article
Uncontrolled Keywords: Revealed preferences; Representation theorem; Preference extensions; Equilibrium play; Intertemporal consumption
Divisions: Faculty of Social Sciences
Faculty of Social Sciences > Economics, Department of
SWORD Depositor: Elements
Depositing User: Elements
Date Deposited: 02 Dec 2021 13:28
Last Modified: 09 Apr 2022 01:00
URI: http://repository.essex.ac.uk/id/eprint/31798

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