Dasgupta, Indraneel - School of Economics, University of Nottingham
.
Keywords: Stochastic demand correspondence, weak axiom of revealed preference, weak
axiom of stochastic revealed preference … demand behavior, the weak
axiom of stochastic revealed preference (WASRP), and developed a stochastic version of
Samuelson … postulate.
Definition 5.1. An SDC, C, satisfies the weak axiom of stochastic revealed preference
(WASRP) iff, for every …
