Revealed Preference Theory - Christopher P. Chambers, Federico Echenique

Revealed Preference Theory

Buch | Softcover
235 Seiten
2016
Cambridge University Press (Verlag)
978-1-107-45811-6 (ISBN)
33,65 inkl. MwSt
The theory of revealed preference has a long, distinguished tradition in economics but lacked a systematic presentation of the theory until now. This book deals with basic questions in economic theory and studies situations in which empirical observations are consistent or inconsistent with some of the best known economic theories.
Pioneered by American economist Paul Samuelson, revealed preference theory is based on the idea that the preferences of consumers are revealed in their purchasing behavior. Researchers in this field have developed complex and sophisticated mathematical models to capture the preferences that are 'revealed' through consumer choice behavior. This study of consumer demand and behavior is closely tied up with econometrics (especially nonparametric econometrics), where testing the validity of different theoretical models is an important aspect of research. The theory of revealed preference has a very long and distinguished tradition in economics, but there was no systematic presentation of the theory until now. This book deals with basic questions in economic theory, such as the relation between theory and data, and studies the situations in which empirical observations are consistent or inconsistent with some of the best known theories in economics.

Christopher Chambers is an Associate Professor of Economics at University of California, San Diego. He has published articles in the American Economic Review, Econometrica, Games and Economic Behavior, the Journal of Economic Theory, and Theoretical Economics. He is an associate editor of the Journal of Economic Theory, the Journal of Mathematical Economics, and Social Choice and Welfare. He is also coeditor of Mathematical Social Sciences. Federico Echenique is a Professor of Economics at the California Institute of Technology. He has published articles in the American Economic Review, Econometrica, the Journal of Political Economy, Games and Economic Behavior, the Journal of Economic Theory, and Theoretical Economics. He is an associate editor of the Journal of Economic Theory, the Economic Journal, Economic Theory, and ACM Transactions on Economics and Computation.

Preface; 1. Mathematical preliminaries; 2. Classical abstract choice theory; 3. Rational demand; 4. Topics in rational demand; 5. Practical issues in revealed preference analysis; 6. Production; 7. Stochastic choice; 8. Choice under uncertainty; 9. General equilibrium theory; 10. Game theory; 11. Social choice and political science; 12. Revealed preference and systems of polynomial inequalities; 13. Revealed preference and model theory.

Erscheint lt. Verlag 5.1.2016
Reihe/Serie Econometric Society Monographs
Zusatzinfo 33 Line drawings, unspecified
Verlagsort Cambridge
Sprache englisch
Maße 151 x 228 mm
Gewicht 340 g
Themenwelt Wirtschaft Volkswirtschaftslehre Ökonometrie
ISBN-10 1-107-45811-0 / 1107458110
ISBN-13 978-1-107-45811-6 / 9781107458116
Zustand Neuware
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