Individual Preference Rankings Compatible with Prices, Income Distributions and Total Resources
Publikation: Working paper › Forskning
Dokumenter
- DP 09-09
Forlagets udgivne version, 203 KB, PDF-dokument
We consider the problem of determining the individual preference rankings that are necessarily implied by a dataset consisting of prices, income distributions and total resources. We show the equivalence between the compatibility with individual preference rankings and the existence of a solution to a set of linear equalities and inequalities. Using this characterization, we give new proofs of the rationalizability of finite data sets where total resources are close to being collinear and the contractibility and pathconnectedness of the set that consists of rationalizable finite datasets.
Originalsprog | Engelsk |
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Udgiver | Department of Economics, University of Copenhagen |
Antal sider | 9 |
Status | Udgivet - 2009 |
Bibliografisk note
JEL classification: D1, D5
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