Identification of Preferences from Market Data Artículo uri icon

Abstracto

  • We offer a new proof that the equilibrium manifold (under complete markets) identifies individual demands globally. Moreover, under observation of only a subset of the equilibrium manifold, we find domains on which aggregate and individual demands are identifiable. Our argument avoids the assumption of Balasko (2004) requiring the observation of the complete manifold.

fecha de publicación

  • 2005

Palabras clave

  • Consumer Demand
  • General Equilibrium
  • Identification

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  • 5

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