Would you consider theory of revealed preferences to be superior to cardinal and ordinal theories of utility?

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Would you consider theory of revealed preferences to be superior to cardinal and ordinal theories of utility? Defend your answer with logic.

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Managerial Economics

ISBN: 978-9387067622

3rd Edition

Authors: Geetika

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Question Posted: Nov 08, 2024 03:00 AM

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Would you consider theory of revealed preferences to be superior to cardinal and ordinal theories of utility? Defend your answer with logic.
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Would you consider theory of revealed preferences to be superior to cardinal and ordinal theories of utility?

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Managerial Economics

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