cases
hypothesis of maximization
set
K. Richter
Falmagne
2005-08
research
article
distribution
stochastic preferences
true
choice sets
Summary.The problem of revealed stochastic preference is whether probability distributions of observed choices in a population for various choice situations are consistent with a hypothesis of maximization of preference preorders by members of the population. This is a population analog of the classical revealed preference problem in economic consumer theory. This paper synthesizes the solutions to this problem that have been obtained by Marcel K. Richter and the author, and by J. C. Falmagne, in the case of finite sets of alternatives, and utilizes unpublished research of Richter and the author to give results for the non-finite choice sets encountered in economic consumer theory.
preference preorders
finite set
articles
results
choice situation
alternative
choice
members
maximization
synthesis
2005-08-01
situation
2022-01-01T18:15
consumer theory
preorder
en
analogues
Marcel K. Richter
solution
economic consumer theory
probability distribution
authors
preference problem
paper
https://doi.org/10.1007/s00199-004-0495-3
Revealed stochastic preference: a synthesis
non-finite choice sets
population analogue
unpublished research
population
245-264
Richter
preferences
hypothesis
problem
https://scigraph.springernature.com/explorer/license/
theory
Economics
McFadden
Daniel L.
10.1007/s00199-004-0495-3
doi
Economic Theory
Springer Nature
0938-2259
1432-0479
26
2
dimensions_id
pub.1038275098
Springer Nature - SN SciGraph project
Applied Economics
Department of Economics, University of California, CA 94720-3880, Berkeley, USA
Department of Economics, University of California, CA 94720-3880, Berkeley, USA