Theoretical Economics, Volume 12, Number 2 ( 2017)

Theoretical Economics 12 (2017), 493–511

General revealed preference theory

Christopher P. Chambers, Federico Echenique, Eran Shmaya


We generalize the standard revealed-preference exercise in economics, and prove a sufficient condition under which the revealed-preference formulation of an economic theory has universal implications, and when these implications can be recursively enumerated. We apply our theorem to two theories of group behavior: the theory of group preference and of Nash equilibrium.

Keywords: Revealed preference theory

JEL classification: D0

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