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An Algebraic Approach to Revealed Preference

Freer, Mikhail and Martinelli, César (2022) 'An Algebraic Approach to Revealed Preference.' Economic Theory. ISSN 0938-2259

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Abstract

We propose and develop an algebraic approach to revealed preference. Our approach dispenses with non-algebraic structure, such as topological assumptions. We provide algebraic axioms of revealed preference that subsume previous classical revealed preference axioms and show that a data set is rationalizable if and only if it is consistent with an algebraic axiom.

Item Type: Article
Uncontrolled Keywords: revealed preferences; unified approach; algebraic axiom; revealed preference axiom; preference extension; Revealed preferences; Unified approach; Algebraic axiom; Revealed preference axiom; Preference extension
Divisions: Faculty of Social Sciences
Faculty of Social Sciences > Economics, Department of
SWORD Depositor: Elements
Depositing User: Elements
Date Deposited: 08 Mar 2022 16:39
Last Modified: 26 Apr 2022 15:14
URI: http://repository.essex.ac.uk/id/eprint/32393

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