Revealed preferences by topological methods |
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Authors: | Lars Thorlund-Petersen |
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Affiliation: | Norwegian School of Economics and Business Administration, N - 5035 Bergen - Sandviken, Norway |
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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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