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A test for weakly separable preferences

Abstract:
We identify necessary and sufficient conditions under which a finite data set of price vectors and consumption bundles can be rationalized by a weakly separable utility function. Our result could be understood as a generalization of Afriat's Theorem.
Publication status:
Published

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Publisher:
University of Oxford
Series:
Department of Economics Discussion Paper Series
Publication date:
2014-05-21
Paper number:
708


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Pubs id:
1143700
Local pid:
pubs:1143700
Deposit date:
2020-12-15
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