Showing 1 - 10 of 36
Persistent link: https://www.econbiz.de/10010480233
Persistent link: https://www.econbiz.de/10011650371
Persistent link: https://www.econbiz.de/10010365637
Persistent link: https://www.econbiz.de/10009531423
Persistent link: https://www.econbiz.de/10003382914
Persistent link: https://www.econbiz.de/10001685426
Persistent link: https://www.econbiz.de/10001230426
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/10009545962