Now showing items 1-2 of 2

    • ​Afriat's Theorem and Samuelson's 'Eternal Darkness' 

      Polisson, Matthew; Renou, Ludovic (2016-08) - Journal article
      Suppose that we have access to a finite set of expenditure data drawn from an individual consumer, i.e., how much of each good has been purchased and at what prices. Afriat (1967) was the first to establish necessary and ...
    • Revealed preferences over risk and uncertainty 

      Polisson, Matthew; Quah, John K.-H.; Renou, Ludovic (University of St Andrews, 2017-09-13) - Working or discussion paper
      We develop a nonparametric procedure, called the lattice method, for testing the consistency of contingent consumption data with a broad class of models of choice under risk and under uncertainty. Our method allows for ...