Demand Systems Without Errors

• 成果类型: Article; Early Access
• 署名作者: Crawford, Ian
• 署名单位: University of Oxford
• 刊物名称: INTERNATIONAL ECONOMIC REVIEW
• ISSN/ISSBN: 0020-6598
• DOI: 10.1111/iere.70009
• 发表日期: 2025
• 关键词: reference-dependent preferences; nonparametric-estimation; engel curves; bounds; utility

摘要

This paper describes a novel method for combining revealed preference analysis in the tradition of Afriat (1967, International Economic Review, 8: 76-77) with a statistical demand model. The approach is illustrated with an analysis of the labor supply of the nonneoclassical taxi drivers described in Farber (2005, Journal of Political Economy, 113, no. 1: 46-82; 2008, American Economic Review, 98, no. 2: 1069-1082) and Crawford and Meng (2011, American Economic Review, 101: 1912-1932).