Publication in refereed journal
香港中文大学研究人员 ( 现职)
| 廖柏伟教授 (经济学系) |
| 黄锦就教授 (经济学系) |
全文
| 数位物件识别号 (DOI) http://dx.doi.org/10.1016/S0304-4068(00)00046-X |
引用次数
Web of Sciencehttp://aims.cuhk.edu.hk/converis/portal/Publication/4WOS source URL
其它资讯
摘要Using the revealed preference approach (Samuelson, P.A. (1938): A Note on the pure theory of consumer's behavior, Economica, 5, 61-71; Houthakker, H. (1950): Revealed preference and the utility function, Economica, 17, 159-17http://aims.cuhk.edu.hk/converis/portal/Publication/4), we obtain a new axiom that completely characterizes the consumer demand behavior generated by homothetic preferences. This axiom provides a unified basis for sharpening previous theorems on homothetic rationalizations: it relaxes Chipman's (Chipman, J.S. (197http://aims.cuhk.edu.hk/converis/portal/Publication/4): Homothetic preferences and aggregation, Journal of Economic Theory, 8, 26-38) differentiability assumption on demand functions, and strengthens Varian's (Varian, H.R. (1983): Non-parametric tests of consumer behavior, Review of Economic Studies, 50: 99-110) rationalization notion into a stronger one (cf. Richter, M.K. (1966): Revealed preference theory, Econometrica, 3http://aims.cuhk.edu.hk/converis/portal/Publication/4, 635-6http://aims.cuhk.edu.hk/converis/portal/Publication/45). Our approach is also useful for homothetic production analysis; fbr example, it allows us to sharpen Varian's (Varian, H.R. (198http://aims.cuhk.edu.hk/converis/portal/Publication/4): The non-parametric approach to production analysis, Econometrica, 52, 579-597) (non-parametric) theorem in several directions (stronger rationalization notion, fewer attributes of observations). (C) 2000 Elsevier Science S.A. All rights reserved. JEL classification: D11; D21; C1http://aims.cuhk.edu.hk/converis/portal/Publication/4.
着者Liu PW, Wong KC
期刊名称Journal of Mathematical Economics
出版年份2000
月份11
日期1
卷号3http://aims.cuhk.edu.hk/converis/portal/Publication/4
期次3
出版社ELSEVIER SCIENCE SA
页次287 - 31http://aims.cuhk.edu.hk/converis/portal/Publication/4
国际标準期刊号030http://aims.cuhk.edu.hk/converis/portal/Publication/4-http://aims.cuhk.edu.hk/converis/portal/Publication/4068
语言英式英语
关键词homotheticity; non-parametric analysis; revealed preference; revealed production
Web of Science 学科类别Business & Economics; Economics; ECONOMICS; Mathematical Methods In Social Sciences; Mathematics; Mathematics, Interdisciplinary Applications; MATHEMATICS, INTERDISCIPLINARY APPLICATIONS; Social Sciences, Mathematical Methods; SOCIAL SCIENCES, MATHEMATICAL METHODS
