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Revealed preferences by topological methods
Authors:Lars Thorlund-Petersen
Affiliation:Norwegian School of Economics and Business Administration, N - 5035 Bergen - Sandviken, Norway
Abstract:Topological conditions for completeness of a preference order are used to show that a certain class of choice functions can be rationalized by means of a utility function. For example, a demand correspondence derived from a piecewise affine concave utility function belongs to this class.
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