Is utility transferable? A revealed preference analysis

被引：4

作者：

Cherchye, Laurens ^{[1
]}

Demuynck, Thomas ^{[2
]}

De Rock, Bram ^{[3
]}

机构：

[1] Univ Leuven, Ctr Econ Studies, Leuven, Belgium

[2] Maastricht Univ, Dept Econ, NL-6200 MD Maastricht, Netherlands

[3] Univ Libre Bruxelles, ECARES, Brussels, Belgium

来源：

THEORETICAL ECONOMICS | 2015年 / 10卷 / 01期

关键词：

Transferable utility hypothesis; generalized quasilinearity; household consumption; nonparametric tests; revealed preferences; NONPARAMETRIC APPROACH; CONSUMPTION; THEOREM;

D O I：

10.3982/TE1560

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

The transferable utility hypothesis underlies important theoretical results in household economics. We provide a revealed preference framework for bringing this (theoretically appealing) hypothesis to observational data. We establish revealed preference conditions that must be satisfied for observed household consumption behavior to be consistent with transferable utility. We also show that these conditions are testable by means of integer programming methods.

引用

页码：51 / 65

页数：15

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