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 That Noble Dream by Christopher P. Chambers, Federico Echenique
Cover of the book On Space and Time by Christopher P. Chambers, Federico Echenique
Cover of the book The Missing Lemur Link by Christopher P. Chambers, Federico Echenique
Cover of the book After the Great Recession by Christopher P. Chambers, Federico Echenique
Cover of the book Intracerebral Hemorrhage by Christopher P. Chambers, Federico Echenique
Cover of the book Seaweed Ecology and Physiology by Christopher P. Chambers, Federico Echenique
Cover of the book US International Lawyers in the Interwar Years by Christopher P. Chambers, Federico Echenique
Cover of the book Encyclopaedism from Antiquity to the Renaissance by Christopher P. Chambers, Federico Echenique
Cover of the book The Origins of Yoga and Tantra by Christopher P. Chambers, Federico Echenique
Cover of the book The Cambridge Introduction to American Literary Realism by Christopher P. Chambers, Federico Echenique
Cover of the book The Great Wall of China by Christopher P. Chambers, Federico Echenique
Cover of the book Damage and Failure of Composite Materials by Christopher P. Chambers, Federico Echenique
Cover of the book Obstetric Care by Christopher P. Chambers, Federico Echenique
Cover of the book Chinese Justice by Christopher P. Chambers, Federico Echenique
Cover of the book Wilcox's Surgical Anatomy of the Heart 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