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Weak Axiom of Revealed Preference 1 Weak Axiom of Stochastic Revealed Preference 1 representative consumer 1 stochastic demand aggregation 1
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Alcantud, J. C. R. 1
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Stochastic demand correspondences and their aggregation properties
Alcantud, J. C. R. - EconWPA - 2003
Bandyopadhyay, Dasgupta and Pattanaik [JET, 2002] have presented a construction that aggregates standard demand functions by a stochastic demand function, in such way that the latter satisfies the weak axiom of stochastic revealed preference when the former fulfil Samuelson's weak axiom of...
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