Professor Amartya Sen has been a distinguished and influential scholar in development economics for over twenty years, and this edited volume seeks to reflect his interests, and the inspiration he has provided for others. The editors have succeeded in creating a coherent and stimulating set of...

Empirical studies have shown that food stamp participants spend a higher proportion of their benefit on food than they would with an equivalent amount of cash. Our study demonstrates that this result can be explained by the decision-making behavior of multi-adult households. Multi-adult...

We present a general revealed preference theorem concerning stochastic choice behavior by consumers. We show that, when the consumer spends her entire wealth, the Weak Axiom of Stochastic Revealed Preference due to Bandyopadhyay, Dasgupta, and Pattanaik (1999) is equivalent to a restriction on...