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Doubt over the trustworthiness of published empirical results is not unwarranted and is often a result of statistical mis-specification: invalid probabilistic assumptions imposed on data. Now in its second edition, this bestselling textbook offers a comprehensive course in empirical research...
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Conventional tests of revealed preference axioms (WARP and GARP) may yield false rejections of the hypothesis of a unique preference ordering when consumers face constraints in addition to a budget constraint. In this paper, nonparametric tests of WARP and GARP are generalized for consumers who...
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