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* * Chapter Seven Revealed Preference 显示偏好 * * Revealed Preference Analysis Suppose we observe the demands (consumption choices) that a consumer makes for different budgets. This reveals information about the consumer’s preferences. We can use this information to ... Test the behavioral hypothesis that a consumer chooses the most preferred bundle from those available. Discover the consumer’s preference relation. * * Assumptions on Preferences Preferences do not change while the choice data are gathered. are strictly convex. are monotonic. Together, convexity and monotonicity imply that the