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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