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A Note on the ‘Rationality of Becoming’ and Revealed Preference

A Note on the ‘Rationality of Becoming’ and Revealed Preference Abstract This note comments on Professor Majumdar’s concept of an individual who seeks to change his own preferences over time. It is argued that while one can formulate “revealed preference axioms“ which will rationalize the choices of Professor Majumdar’s individual, it is unlikely that the choice of such an individual will reveal his preferences. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Analyse & Kritik de Gruyter

A Note on the ‘Rationality of Becoming’ and Revealed Preference

Analyse & Kritik , Volume 2 (2) – Nov 1, 1980

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Publisher
de Gruyter
Copyright
Copyright © 1980 by the
ISSN
0171-5860
eISSN
2365-9858
DOI
10.1515/auk-1980-0205
Publisher site
See Article on Publisher Site

Abstract

Abstract This note comments on Professor Majumdar’s concept of an individual who seeks to change his own preferences over time. It is argued that while one can formulate “revealed preference axioms“ which will rationalize the choices of Professor Majumdar’s individual, it is unlikely that the choice of such an individual will reveal his preferences.

Journal

Analyse & Kritikde Gruyter

Published: Nov 1, 1980

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