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revealed preferences
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Journal Article
History of Political Economy (2014) 46 (1): 85–116.
Published: 01 March 2014
...D. Wade Hands Revealed preference theory is not a specific theory; it is a broad programmatic framework for analyzing choice behavior. Within this broad framework there are a number of different revealed preference theories (different versions of the program)—they all share common features...
Journal Article
History of Political Economy (1993) 25 (3): 499–514.
Published: 01 September 1993
... of Demand Theory . Oxford: Clarendon. Hicks , John , and R. G. D. Allen. 1934 . A Reconsideration of the Theory of Value. Economica 1 ( February ): 52 -76 and 1 (May): 196–219. Houthakker , Hendrik . 1950 . Revealed Preference and the Utility Function. Economica 17 ( May ): 159 -74...
Journal Article
History of Political Economy (2016) 48 (suppl_1): 170–197.
Published: 01 December 2016
... of economists. It then uses “control as a viewpoint” from which to study the history of the two disciplines. It reveals why behaviorism did not meet consumer demand theory during the “ordinalist / revealed preferences revolution” of the 1930s (i.e., the behaviorist myth), despite common methodological...
Journal Article
History of Political Economy (2006) 38 (Suppl_1): 86–105.
Published: 01 December 2006
...: Harcourt Brace Jovanovich. Coase, R. 1937 . The Nature of the Firm. Economica , n.s., 4 : 386 -405. Corlett, W. J., and P. K. Newman. 1952 -53. A Note on the Revealed Preference and the Transitivity Condition. Review of Economic Studies 20.2 : 156 -58. Dagum, C. 1973 . Théorie des jeux...
Journal Article
History of Political Economy (1993) 25 (3): 515–527.
Published: 01 September 1993
.... Hotelling , Harold . 1935 . Demand Functions with Limited Budgets Econometrica 3 . 1 : 66 -78. Houthakker , Hendrik S. 1950 . Revealed Preference and the Utility Function. Economica n.s . 17 . 2 : 159 -74. Myrdal , G. 1945 . Gustav Cassel in Memoriam Ekonomisk Revy 2:3–13...
Journal Article
History of Political Economy (2012) 44 (1): 113–155.
Published: 01 March 2012
... Welfare in Relation to Problems of Taxation and of Railway and Utility Rates .” Econometrica 6 ( July ): 242 – 69 . Houthakker Hendrik S. 1950 . “ Revealed Preference and the Utility Function .” Economica , n.s., 17 ( 66 ): 159 – 74 . Johnson William Ernest . 1913...
Journal Article
History of Political Economy (1984) 16 (3): 363–379.
Published: 01 September 1984
... economics . Cambridge. Houthakker , Hendrick 1950 . ‘Revealed preference and the utility function.’ Economica , May, p. 159 -74. Hutchison , Terence 1956 . ‘Professor Machlup on verification in economics.’ Southern Economic Journal , April, p. 476 -83. Hutchison , Terence 1977...
Journal Article
History of Political Economy (1998) 30 (Supplement): 260–292.
Published: 01 December 1998
... Functions. Box 26, File “Mathematical Economics,” Harold Hotelling Papers, Columbia University, New York. Houthakker , Hendrik 1950 . Revealed Preference and the Utility Function. Economica 17 : 159 -74. Houthakker , Hendrik 1983 . On Consumption Theory. In Paul Samuelson and Modern...
Journal Article
History of Political Economy (1993) 25 (3): 529.
Published: 01 September 1993
...
replace “revealed preference” by “revealed demand.” What is the dif-
ference? Cassel’s revealed demand was empty of comparative-statical
properties. The revealed preference of a consistent consumer was rich
in such properties.
Correspondence may be addressed to Professor Hans Brems, 99...
Journal Article
History of Political Economy (2001) 33 (1): 21–49.
Published: 01 March 2001
.... From the late thirties onward Paul Samuelson in
a series of works took the ordinalist revolution to the extremes with his
“revealed preferences” approach, and the mathematical economists of the
fifties finished the job. Hicks and Allen began to speak of Pareto’s as an
incomplete revolution, relying...
Journal Article
History of Political Economy (2006) 38 (Suppl_1): 1–6.
Published: 01 December 2006
..., replaced cardinal with ordinal utility, and generally
placed demand theory on more solid scientific foundations. Often a third
development is added—the revealed preference theory introduced by Paul
Samuelson (1938)—a move that is seen as further strengthening the the-
ory’s scientific basis...
Journal Article
History of Political Economy (2006) 38 (Suppl_1): 153–185.
Published: 01 December 2006
... of Economics 50 : 545 -93. ____. 1950 . The Theory of Choice and the Constancy of Economic Laws. Quarterly Journal of Economics 64 : 125 -38. ____. 1954 . Choice and Revealed Preference. Southern Economic Journal 21 : 119 -30. ____. 1958 . Threshold in Choice and the Theory of Demand...
Journal Article
History of Political Economy (2002) 34 (3): 553–597.
Published: 01 September 2002
... later discussion in which he refers to Samuelson 1948 and 1950:
“Samuelson thought that a ‘strong axiom’ could be laid down to guaran-
tee integrabilityIt would seem, e.g. from Corlett and Newman
(1952), that this is not the case. The revealed preference approach is
no improvement on the simple...
Journal Article
History of Political Economy (1984) 16 (3): 476–480.
Published: 01 September 1984
... include revealed preference (Chipman, Mas-
Colell), production (Lau), information (Krelle), trade (Wan), welfare economics
(Chipman), marginal productivity (Tinbergen), and reminiscences of Samuelson
as a student and person (Bergson, Akerlof, Bronfenbrenner).
The position of the protagonist...
Journal Article
History of Political Economy (2007) 39 (3): 359–401.
Published: 01 September 2007
... 40 : 577 -616. ____. 1935 . Demand Functions with Limited Budgets. Econometrica 3 : 66 -78. ____. 1938 . The General Welfare in Relation to Problems of Taxation and of Railway and Utility Rates. Econometrica 6 : 242 -69. Houthakker, H. S. 1950 . Revealed Preference...
Journal Article
History of Political Economy (2006) 38 (Suppl_1): 106–129.
Published: 01 December 2006
... Consumer Behavior. In Advances in Econometrics , no. 1. Edited by R. L. Basmann and G. Rhodes. Kihlstrom, Richard, Andreu Mas-Colell, and Hugo Sonnenschein. 1976 . The Demand Theory of the Weak Axiom of Revealed Preference. Econometrica 44 ( September ): 971 -78. Kirman, Alan P. 1992 . Whom...
Journal Article
History of Political Economy (2019) 51 (5): 974–976.
Published: 01 October 2019
... instruments. Nothing has illustrated this fact more than the treatment of utility theory within and beyond microeconomic theory. Critics write off utility theory with off-hand remarks about interpersonal comparisons and non-additive units, while economists suppose that revealed prefer- ence avoids...
Journal Article
History of Political Economy (2011) 43 (2): 347–352.
Published: 01 June 2011
... recommending that we need to develop institutions that bring
out the “best behaviors” in people. Professor Smith would likely argue
that the price system (with ideal market rules) does that for most pri-
vate goods.
These analyses, together with some early research in revealed prefer-
ence analysis...
Journal Article
History of Political Economy (2006) 38 (Suppl_1): 32–47.
Published: 01 December 2006
... of Political Economy 38 (annual suppl.) DOI 10.1215/00182702-2005-016
Copyright 2006 by Duke University Press
The Hicks-Allen Composite Commodity 33
Let us first take Stanley Wong’s Foundations of Paul Samuelson’s
Revealed Preference Theory (1978), an influential contribution...
Journal Article
History of Political Economy (1998) 30 (2): 171–187.
Published: 01 June 1998
... work, “Mathematical Economics” ([ 19113 1955). He cited
Pareto’s use of budgetary data to derive indifference curves (Stigler
1950, 381). Anticipating a revealed preference approach to the theory
of choice, Pareto proposed that, in principle, an agent’s indifference
curves could be deduced...
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