Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/240485 
Year of Publication: 
2020
Series/Report no.: 
IFN Working Paper No. 1342
Publisher: 
Research Institute of Industrial Economics (IFN), Stockholm
Abstract: 
This paper introduces the Stata commands checkax, aei, and powers as a bundle within the package rpaxioms. The first command allows the user to test whether consumer demand data satisfy a number of revealed preference axioms at a given efficiency level, the second command calculates measures of goodness-of-fit when the data violate these axioms, and the third command calculates power against uniformly random behavior as well as predictive success for each axiom at any given efficiency level. The commands are illustrated using experimental individual-level data and aggregated household-level consumption data.
Subjects: 
Rpaxioms
Checkax
Aei
Powerps
Afriat effciency index
GARP
Revealed preference
Power
Predictive success
JEL: 
C87
D12
Document Type: 
Working Paper

Files in This Item:
File
Size
431.64 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.