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Revealed preference

Revealed preference theory, pioneered by economist Paul Anthony Samuelson in 1938, is a method of analyzing choices made by individuals, mostly used for comparing the influence of policies[further explanation needed] on consumer behavior. Revealed preference models assume that the preferences of consumers can be revealed by their purchasing habits.

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Definition and theory

Applications

Criticism

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Map overview Semantic statistics

Revealed preference

Nodes30
Edges29
Triples58
Avg. degree1.93
Density0.066667
Components1

How this topic connects Entity context

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Revealed preference

Top relations

related to Criticism · 26
Revealed preference → Act, Amartya Sen’s, Behaviour, Behavioural Foundations, But, Choice, Consistency, Critique, Economic Theory, Freedom, If, In, Internal Consistency, It, Maximization, Rational Fools, Rationality, Samuelson, See, Sen
related to Completeness: The Strong Axiom of Revealed Preferences (SARP) · 10
Revealed preference → Here, In, It, One, SARP, The, This, Transitivity, Using, WARP
related to External links · 9
Revealed preference → Ariel Rubinstein, Century, Hal, Lecture Notes, Microeconomic Theory, Revealed Preference Archived, Samuelsonian Economics, Varian, Wayback Machine
related to Generalised Axiom of Revealed Preference (GARP) · 5
Revealed preference → GARP, It, SARP, The Generalised, This
related to The Weak Axiom of Revealed Preference (WARP) · 5
Revealed preference → By, Formally, If, The Weak Axiom, WARP
is a · 1
Revealed preference → way to infer preferences between available choices
has application · 1
Revealed preference → Revealed
see also · 1
Revealed preference → Choice

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Important terminology

revealed preference utility preferences theory garp bundles budget displaystyle choices consumer preferred directly sarp two set axiom time functions demand

Entity relationships Subject–Predicate–Object triples

SubjectPredicateObjectConfidenceSrc
Revealed preferenceis away to infer preferences between available choices0.90text
Revealed preferencehas applicationRevealed0.60section
Revealed preferencerelated to Completeness: The Strong Axiom of Revealed Preferences (SARP)The0.60section
Revealed preferencerelated to Completeness: The Strong Axiom of Revealed Preferences (SARP)SARP0.60section
Revealed preferencerelated to Completeness: The Strong Axiom of Revealed Preferences (SARP)WARP0.60section
Revealed preferencerelated to Completeness: The Strong Axiom of Revealed Preferences (SARP)Here0.60section
Revealed preferencerelated to Completeness: The Strong Axiom of Revealed Preferences (SARP)In0.60section
Revealed preferencerelated to Completeness: The Strong Axiom of Revealed Preferences (SARP)Transitivity0.60section
Revealed preferencerelated to Completeness: The Strong Axiom of Revealed Preferences (SARP)It0.60section
Revealed preferencerelated to Completeness: The Strong Axiom of Revealed Preferences (SARP)One0.60section
Revealed preferencerelated to Completeness: The Strong Axiom of Revealed Preferences (SARP)This0.60section
Revealed preferencerelated to Completeness: The Strong Axiom of Revealed Preferences (SARP)Using0.60section

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