Individual preference rankings compatible with prices, income distributions and total resources

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Individual preference rankings compatible with prices, income distributions and total resources. / Balasko, Yves; Tvede, Mich.

I: Economic Theory, Bind 45, Nr. 3, 2010, s. 497-513.

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningfagfællebedømt

Harvard

Balasko, Y & Tvede, M 2010, 'Individual preference rankings compatible with prices, income distributions and total resources', Economic Theory, bind 45, nr. 3, s. 497-513. https://doi.org/10.1007/s00199-009-0468-7

APA

Balasko, Y., & Tvede, M. (2010). Individual preference rankings compatible with prices, income distributions and total resources. Economic Theory, 45(3), 497-513. https://doi.org/10.1007/s00199-009-0468-7

Vancouver

Balasko Y, Tvede M. Individual preference rankings compatible with prices, income distributions and total resources. Economic Theory. 2010;45(3):497-513. https://doi.org/10.1007/s00199-009-0468-7

Author

Balasko, Yves ; Tvede, Mich. / Individual preference rankings compatible with prices, income distributions and total resources. I: Economic Theory. 2010 ; Bind 45, Nr. 3. s. 497-513.

Bibtex

@article{0dc9df70ddbf11dfb933000ea68e967b,
title = "Individual preference rankings compatible with prices, income distributions and total resources",
abstract = "The compatibility of a given ranking with a dataset consisting of prices, income distributions and total resources is shown to be equivalent to the existence of a solution to a set of linear equalities and inequalities. Their structure makes their solution easier to compute than the solutions of Afriat's inequalities that characterize the rationalizability of a finite set of individual consumption data. Exploiting this structure, we also give new proofs of the rationalizability of finite data sets where total resources are close to being collinear and the contractibility and pathconnectedness of the set that consists of rationalizable finite datasets.",
author = "Yves Balasko and Mich Tvede",
note = "JEL Classification: D1, D5",
year = "2010",
doi = "10.1007/s00199-009-0468-7",
language = "English",
volume = "45",
pages = "497--513",
journal = "Economic Theory",
issn = "0938-2259",
publisher = "Springer",
number = "3",

}

RIS

TY - JOUR

T1 - Individual preference rankings compatible with prices, income distributions and total resources

AU - Balasko, Yves

AU - Tvede, Mich

N1 - JEL Classification: D1, D5

PY - 2010

Y1 - 2010

N2 - The compatibility of a given ranking with a dataset consisting of prices, income distributions and total resources is shown to be equivalent to the existence of a solution to a set of linear equalities and inequalities. Their structure makes their solution easier to compute than the solutions of Afriat's inequalities that characterize the rationalizability of a finite set of individual consumption data. Exploiting this structure, we also give new proofs of the rationalizability of finite data sets where total resources are close to being collinear and the contractibility and pathconnectedness of the set that consists of rationalizable finite datasets.

AB - The compatibility of a given ranking with a dataset consisting of prices, income distributions and total resources is shown to be equivalent to the existence of a solution to a set of linear equalities and inequalities. Their structure makes their solution easier to compute than the solutions of Afriat's inequalities that characterize the rationalizability of a finite set of individual consumption data. Exploiting this structure, we also give new proofs of the rationalizability of finite data sets where total resources are close to being collinear and the contractibility and pathconnectedness of the set that consists of rationalizable finite datasets.

U2 - 10.1007/s00199-009-0468-7

DO - 10.1007/s00199-009-0468-7

M3 - Journal article

VL - 45

SP - 497

EP - 513

JO - Economic Theory

JF - Economic Theory

SN - 0938-2259

IS - 3

ER -

ID: 22659430