Search Results - subject:"Afriat's efficiency index" - EconBiz

Rationalizability, cost-rationalizability, and Afriat's efficiency index

Polisson, Matthew; Quah, John K.-H. - 2022

This note explains the equivalence between approximate rationalizability and approximate cost-rationalizability within the context of consumer demand. In connection with these results, we interpret Afriat's (1973) critical cost efficiency index (CCEI) as a measure of cost (in)efficiency, in the...

Persistent link: https://www.econbiz.de/10013193569

Rationalizability, cost-rationalizability, and Afriat's efficiency index

Polisson, Matthew; Quah, John K.-H. - 2022

Persistent link: https://www.econbiz.de/10012880049

Revealed preferences over risk and uncertainty

Polisson, Matthew; Quah, John K.-H.; Renou, Ludovic - 2017

seeking behavior and can be used to calculate, via Afriat's efficiency index, the magnitude of violations from a particular …

Persistent link: https://www.econbiz.de/10011927989

Revealed preferences over risk and uncertainty

Polisson, Matthew; Quah, John K.-H.; Renou, Ludovic - 2017

seeking behavior and can be used to calculate, via Afriat's efficiency index, the magnitude of violations from a particular …

Persistent link: https://www.econbiz.de/10011671892

A Note on the Power of Revealed Preference Tests with Afriat Inefficiency

Sippel, Reinhard - University of Bonn, Germany - 1996

We show that revealed preference tests, which allow a small degree of

Persistent link: https://www.econbiz.de/10004968162

A service of the