Revealed Preferences Theory: An Experimental Approach

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dc.contributor.authorIpek, Ozlem
dc.contributor.authorAkyazi, Haydar
dc.date.accessioned2025-03-17T12:25:27Z
dc.date.available2025-03-17T12:25:27Z
dc.date.issued2021
dc.departmentTarsus Üniversitesi
dc.description.abstractIn this study, the validity of the revealed preference axioms is tested by experimental data using non-parametric methods. In the experimental setup established to determine the preference structures of the consumers under different price and quantity scenarios, the subjects are asked to choose between two goods first and then eight different goods representing the multi-goods situation under different budgets. The results of the experiments show that, for both scenarios, all of the 107 people who participated in the experiment provided the GARP axiom and the WARP and SARP axioms. This result indicates that the preferences of all subjects consistent with the revealed preferences theory, which means that the subjects have rational preferences.
dc.identifier.doi10.17233/sosyoekonomi.2021.02.16
dc.identifier.endpage342
dc.identifier.issn1305-5577
dc.identifier.issue48
dc.identifier.scopus2-s2.0-85191967751
dc.identifier.scopusqualityN/A
dc.identifier.startpage323
dc.identifier.trdizinid450426
dc.identifier.urihttps://doi.org/10.17233/sosyoekonomi.2021.02.16
dc.identifier.urihttps://search.trdizin.gov.tr/tr/yayin/detay/450426
dc.identifier.urihttps://hdl.handle.net/20.500.13099/1691
dc.identifier.volume29
dc.identifier.wosWOS:000646172500017
dc.identifier.wosqualityN/A
dc.indekslendigikaynakWeb of Science
dc.indekslendigikaynakScopus
dc.indekslendigikaynakTR-Dizin
dc.language.isotr
dc.publisherSosyoekonomi Soc
dc.relation.ispartofSosyoekonomi
dc.relation.publicationcategoryMakale - Uluslararası Hakemli Dergi - Kurum Öğretim Elemanı
dc.rightsinfo:eu-repo/semantics/openAccess
dc.snmzKA_WOS_20250316
dc.subjectRevealed Preferences
dc.subjectGARP
dc.subjectSARP
dc.subjectWARP
dc.subjectExperimental Approach
dc.titleRevealed Preferences Theory: An Experimental Approach
dc.typeArticle

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