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Nonparametric tests of collectively rational consumption behavior: An integer programming procedure.

We present an IP-based nonparametric (revealed preference) testing procedure for rational consumption behavior in terms of a general collective model, which includes consumption externalities and public consumption. An empirical application to data drawn from the Russia Longitudinal Monitoring Surve...

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Published in:Journal of Econometrics Vol. 147; no. 2; pp. 258 - 266
Main Authors: Cherchye, Laurens, Rock, Bram De, Sabbe, Jeroen, Vermeulen, Frederic
Format: Article
Published: Elsevier Science December 2008
Subjects:
Nonparametric statistics
Mathematical models of consumption
Integer programming
Consumer preferences
Mathematical models
Online Access:View this record in EBSCOhost

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