Freer, Mikhail and Martinelli, César (2021) A utility representation theorem for general revealed preference. Mathematical Social Sciences, 111. pp. 68-76. DOI https://doi.org/10.1016/j.mathsocsci.2021.03.018
Freer, Mikhail and Martinelli, César (2021) A utility representation theorem for general revealed preference. Mathematical Social Sciences, 111. pp. 68-76. DOI https://doi.org/10.1016/j.mathsocsci.2021.03.018
Freer, Mikhail and Martinelli, César (2021) A utility representation theorem for general revealed preference. Mathematical Social Sciences, 111. pp. 68-76. DOI https://doi.org/10.1016/j.mathsocsci.2021.03.018
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: | Unnamed user with email elements@essex.ac.uk |
| Depositing User: | Unnamed user with email elements@essex.ac.uk |
| 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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