Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/150243
Authors: 
Cherchye, Laurens
Demuynck, Thomas
De Rock, Bram
Year of Publication: 
2015
Citation: 
[Journal:] Theoretical Economics [ISSN:] 1555-7561 [Volume:] 10 [Year:] 2015 [Issue:] 1 [Pages:] 51-65
Abstract: 
The transferable utility hypothesis underlies important theoretical results in household economics. We provide a revealed preference framework for bringing this (theoretically appealing) hypothesis to observational data. We establish revealed preference conditions that must be satisfied for observed household consumption behavior to be consistent with transferable utility. We also show that these conditions are testable by means of integer programming methods.
Subjects: 
Transferable utility hypothesis
generalized quasi-linearity
household consump- tion
nonparametric tests
revealed preferences
JEL: 
C14
D1
D11
D12
D13
Persistent Identifier of the first edition: 
Creative Commons License: 
https://creativecommons.org/licenses/by-nc/3.0/
Document Type: 
Article

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