Publication Date
1-1992
Series Number
92-WP 87
Abstract
We introduce adding-up, convexity, and noninferiority into the weak axiom of revealed preferences and show how we can use this approach to detect and measure structural change without estimation or subjective input. We use this new approach to measure taste changes among meats for the United States, Canada, Japan, and South Korea.
Recommended Citation
Sakong, Yong and Hayes, Dermot J., "A Test for the Consistency of Demand Data with Consumer Preference Theory" (1992). CARD Working Papers. 111.
https://lib.dr.iastate.edu/card_workingpapers/111
Included in
Agricultural and Resource Economics Commons, Agricultural Economics Commons, Economic Theory Commons
