Revealed Preference Theory

Business & Finance, Economics, Econometrics, Nonfiction, Science & Nature, Mathematics
Cover of the book Revealed Preference Theory by Christopher P. Chambers, Federico Echenique, Cambridge University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Christopher P. Chambers, Federico Echenique ISBN: 9781316494448
Publisher: Cambridge University Press Publication: January 5, 2016
Imprint: Cambridge University Press Language: English
Author: Christopher P. Chambers, Federico Echenique
ISBN: 9781316494448
Publisher: Cambridge University Press
Publication: January 5, 2016
Imprint: Cambridge University Press
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

More books from Cambridge University Press

Cover of the book The Collapse of the Mycenaean Economy by Christopher P. Chambers, Federico Echenique
Cover of the book Geometry and Complexity Theory by Christopher P. Chambers, Federico Echenique
Cover of the book The Law of Electronic Commerce by Christopher P. Chambers, Federico Echenique
Cover of the book Gravity and Magnetic Exploration by Christopher P. Chambers, Federico Echenique
Cover of the book Freud's Rome by Christopher P. Chambers, Federico Echenique
Cover of the book Heart Disease and Pregnancy by Christopher P. Chambers, Federico Echenique
Cover of the book African Socialism in Postcolonial Tanzania by Christopher P. Chambers, Federico Echenique
Cover of the book Hi Hitler! by Christopher P. Chambers, Federico Echenique
Cover of the book Evolutionary History by Christopher P. Chambers, Federico Echenique
Cover of the book Introduction to Finite Element Vibration Analysis by Christopher P. Chambers, Federico Echenique
Cover of the book The Chinese Worker after Socialism by Christopher P. Chambers, Federico Echenique
Cover of the book Oligarchy by Christopher P. Chambers, Federico Echenique
Cover of the book Corruption and Government by Christopher P. Chambers, Federico Echenique
Cover of the book Apache Adaptation to Hispanic Rule by Christopher P. Chambers, Federico Echenique
Cover of the book Participation and Democratic Theory by Christopher P. Chambers, Federico Echenique
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy