Showing 1 - 10 of 12
Persistent link: https://www.econbiz.de/10012432174
Persistent link: https://www.econbiz.de/10011793432
Persistent link: https://www.econbiz.de/10014371730
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/10010365637
Persistent link: https://www.econbiz.de/10009545962
Persistent link: https://www.econbiz.de/10009531423
Persistent link: https://www.econbiz.de/10003382914