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F. Echenique

Revealed Preference Theory

Autor: Kolektiv autorů - Chambers, Ch.,Echenique, F.

publisher: Cambridge University Press

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Pioneered by American economist Paul Samuelson, revealed preference theory is based on the idea that the preferences of consumers are revealed in their purchasing behavior. Researchers in this field have developed complex and sophisticated mathematical models to capture the preferences that are 'revealed' through consumer choice behavior. This study of consumer demand and behavior is closely tied

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