Demand Systems Without Errors.
This paper describes a novel method for combining revealed preference analysis in the tradition of Afriat (1967, International Economic Review, 8: 76–77) with a statistical demand model. The approach is illustrated with an analysis of the labor supply of the nonneoclassical taxi drivers described in...
| Publicado en: | International Economic Review Vol. 66; no. 4; pp. 1599 - 1618 |
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| Formato: | Artículo |
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Wiley-Blackwell
Oct2025
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| Acceso en línea: | Ver este registro en EBSCOhost |
| Sumario: | This paper describes a novel method for combining revealed preference analysis in the tradition of Afriat (1967, International Economic Review, 8: 76–77) with a statistical demand model. The approach is illustrated with an analysis of the labor supply of the nonneoclassical taxi drivers described in Farber (2005, Journal of Political Economy, 113, no. 1: 46–82; 2008, American Economic Review, 98, no. 2: 1069–1082) and Crawford and Meng (2011, American Economic Review, 101: 1912–1932). |
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