Methods and models for testing the rationality of revealed preferences. KU Leuven
Operations Research and Statistics Research Group (ORSTAT) (main work address Leuven), Faculty of Business and Economics, Kulak Kortrijk Campus
Revealed preference is a concept in micro-economics that goes back to Samuelson (1938). This concept relates the act of purchasing a bundle of goods to expressing a preference of the acquired bundle over other bundles that were not more expensive. In other words, by purchasing a specific bundle, the consumer has revealed his or her preference of this bundle over other, not more expensive, bundles. In this research proposal, we focus on ...