How can revealed preference analysis help us learn about a consumer's preferences without knowing the consumer's utility

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How can revealed preference analysis help us learn about a consumer's preferences without knowing the consumer's utility function?

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Microeconomics

ISBN: 978-0073375854

2nd edition

Authors: Douglas Bernheim, Michael Whinston

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Question Posted: Mar 17, 2016 04:48 AM

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How can revealed preference analysis help us learn about a consumer's preferences without knowing the consumer's utility

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By employing revealed preference analysis one can make infere...View the full answer

Microeconomics

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