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 the theory of Nash equilibrium.
|Original language||English (US)|
|Number of pages||19|
|State||Published - May 2017|
- Revealed-preference theory
ASJC Scopus subject areas
- Economics, Econometrics and Finance(all)