Jump to ContentJump to Main Navigation
Logic of Choice and Economic Theory$
Users without a subscription are not able to see the full content.

S. N. Afriat

Print publication date: 1987

Print ISBN-13: 9780198284611

Published to Oxford Scholarship Online: November 2003

DOI: 10.1093/0198284616.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 30 May 2020

Algebra of Revealed Preference

Algebra of Revealed Preference

(p.112) II.2 Algebra of Revealed Preference
Logic of Choice and Economic Theory

S. N. Afriat

Oxford University Press

This is the second of six chapters in Part II about demand and utility cost, a typical area for what is understood as choice theory. It discusses the algebra of revealed preference. Its seven sections are: demand and utility; consistency conditions; order logic; revealed preference revealed; finite Houthakker test (for revealed preference); constructive solution (a demonstration of how the multiplier‐level solution provides an immediate construction of utility functions that fit the data in the required fashion); and multipliers and levels (as applied to utility functions).

Keywords:   choice, choice theory, consistency, demand, finite Houthakker test, mathematical economics, multipliers, order logic, revealed preference, utility, utility cost, utility functions

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .