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Improving Revealed Preference Bounds on Demand Responses.

Abstract:

There are three key dimensions by which revealed preference bounds on consumer demand responses can be improved. The first relates to the improvements that arise from using expansion paths for given relative prices, E-bounds. The second concerns the addition of new price information. Thirdly, there are improvements due to assuming separability. Our previous research has examined the first two cases. In this article, we show how to impose separability assumptions within a fully nonparametric a...

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Publisher copy:
10.1111/j.1468-2354.2007.00460.x

Authors


Publisher:
Wiley
Journal:
International Economic Review
Volume:
48
Issue:
4
Pages:
1227 - 1244
Publication date:
2007-01-01
DOI:
ISSN:
0020-6598
Language:
English
UUID:
uuid:0464f96f-171c-4e47-bcb4-2211076a488a
Local pid:
oai:economics.ouls.ox.ac.uk:12655
Deposit date:
2011-08-15

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