Afriat's theorem

GPTKB entity

Statements (19)
Predicate Object
gptkbp:instanceOf gptkb:mathematical_concept
gptkbp:alternativeName gptkb:Afriat's_efficiency_index
gptkb:Afriat–Varian_theorem
gptkbp:appliesTo finite data sets
gptkbp:contribution characterizes when a finite set of price and demand observations can be rationalized by utility maximization
gptkbp:field economics
mathematical economics
consumer theory
https://www.w3.org/2000/01/rdf-schema#label Afriat's theorem
gptkbp:implies existence of a non-satiated, continuous, concave utility function
gptkbp:namedAfter gptkb:Sydney_Afriat
gptkbp:publishedIn gptkb:International_Economic_Review
gptkbp:relatedConcept gptkb:revealed_preference_theory
public utility
generalized axiom of revealed preference
gptkbp:usedIn empirical demand analysis
gptkbp:yearProposed 1967
gptkbp:bfsParent gptkb:revealed_preference_theory
gptkbp:bfsLayer 5