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Publicly Available Published by De Gruyter Oldenbourg May 12, 2016

A Note on the ‘Rationality of Becoming’ and Revealed Preference

  • Prasanta K. Pattanaik
From the journal Analyse & Kritik

Abstract

This note comments on Professor Majumdar’s concept of an individual who seeks to change his own preferences over time. It is argued that while one can formulate “revealed preference axioms“ which will rationalize the choices of Professor Majumdar’s individual, it is unlikely that the choice of such an individual will reveal his preferences.

Online erschienen: 2016-5-12
Erschienen im Druck: 1980-11-1

© 1980 by Lucius & Lucius, Stuttgart

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