Journal article
Afriat and arbitrage
- Abstract:
- This paper presents a proof of Afriat’s (Int Econ Rev 8:67–77) theorem on revealed preference by using the idea that a rational consumer should not be vulnerable to arbitrage. The main mathematical tool is the separating hyperplane theorem.
- Publication status:
- Published
- Peer review status:
- Peer reviewed
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- Files:
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(Preview, Version of record, 269.8KB, Terms of use)
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- Publisher copy:
- 10.1007/s40505-021-00208-w
Authors
- Publisher:
- Springer
- Journal:
- Economic Theory Bulletin More from this journal
- Volume:
- 9
- Issue:
- 2
- Pages:
- 167–176
- Publication date:
- 2021-08-21
- Acceptance date:
- 2021-08-02
- DOI:
- EISSN:
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2196-1093
- ISSN:
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2196-1085
- Language:
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English
- Keywords:
- Pubs id:
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1191872
- Local pid:
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pubs:1191872
- Deposit date:
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2021-08-22
Terms of use
- Copyright holder:
- Alan Beggs
- Copyright date:
- 2021
- Rights statement:
- © The Author 2021. This article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made.
- Licence:
- CC Attribution (CC BY)
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