Showing 1 - 10 of 41
Persistent link: https://www.econbiz.de/10011350509
Persistent link: https://www.econbiz.de/10011644991
Persistent link: https://www.econbiz.de/10010365637
Persistent link: https://www.econbiz.de/10009531423
Persistent link: https://www.econbiz.de/10003709271
Persistent link: https://www.econbiz.de/10012821448
Persistent link: https://www.econbiz.de/10008662928
We show that an agent maximizing some utility function on a discrete (as opposed to continuous) consumption space will obey the generalized axiom of revealed preference (GARP) so long as the agent obeys cost efficiency. Cost efficiency will hold if there is some good, outside the set of goods...
Persistent link: https://www.econbiz.de/10009511308
Persistent link: https://www.econbiz.de/10010258901
Persistent link: https://www.econbiz.de/10010237407