Statements (13)
Predicate | Object |
---|---|
gptkbp:instanceOf |
Consumer Price Index
revealed preference measure |
gptkbp:appliesTo |
finite set of consumption choices
|
https://www.w3.org/2000/01/rdf-schema#label |
Afriat's efficiency index
|
gptkbp:introducedIn |
1967
|
gptkbp:measures |
degree of rationality
how closely observed choices approximate utility maximization |
gptkbp:namedAfter |
Sidney Afriat
|
gptkbp:range |
0 to 1
|
gptkbp:relatedTo |
Generalized Axiom of Revealed Preference
|
gptkbp:usedIn |
consumer theory
|
gptkbp:bfsParent |
gptkb:Afriat's_theorem
|
gptkbp:bfsLayer |
6
|