Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/200264
Authors: 
Nosratabadi, Hassan
Year of Publication: 
2017
Series/Report no.: 
Departmental Working Papers, Rutgers University, Department of Economics 2017-08
Abstract: 
The relation between Sen's decomposition of the weak axiom of revealed preferences (WARP), and WARP directional decomposition introduced in Nosratabadi (2017) is investigated. It is argued that the latter generalizes the former. A pairwise transitive WARP decomposition consistent with Sen's property a is given. It is also argued that the notion of referential DM can not be built upon Sen's properties.
Subjects: 
The Weak Axiom of Revealed Preferences
WARP Decomposition
JEL: 
D11
D81
Document Type: 
Working Paper
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