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arXiv 1908.07561econ.THcs.GTecon.EM
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显示偏好理论的新发展:风险、不确定性和跨期选择下的决策

New developments in revealed preference theory: decisions under risk, uncertainty, and intertemporal choice

Federico Echenique

摘要:

本文综述了显示性偏好理论的最新进展。它讨论了与特定经济环境密切相关的选择理论的可检验含义。重点是风险环境中的期望效用;不确定性存在下的期望效用和最大最小期望效用;以及跨期选择的指数折扣效用。从经典的线性预算集的选择数据,这些理论的可测试的影响进行了描述,并遵循一个共同的线程。所有的理论都暗示价格和数量之间的反比关系,根据所考虑的理论中的函数形式而具有不同的限定条件。

英文摘要:

This survey reviews recent developments in revealed preference theory. It discusses the testable implications of theories of choice that are germane to specific economic environments. The focus is on expected utility in risky environments; subjected expected utility and maxmin expected utility in the presence of uncertainty; and exponentially discounted utility for intertemporal choice. The testable implications of these theories for data on choice from classical linear budget sets are described, and shown to follow a common thread. The theories all imply an inverse relation between prices and quantities, with different qualifications depending on the functional forms in the theory under consideration.

机构、总结、中文摘要均由AI分析而来,可能存在错误,请以论文正文为准。

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