{"title":"显性不变偏好","authors":"Peter Caradonna, Christopher P. Chambers","doi":"arxiv-2408.04573","DOIUrl":null,"url":null,"abstract":"We consider the problem of rationalizing choice data by a preference\nsatisfying an arbitrary collection of invariance axioms. Examples of such\naxioms include quasilinearity, homotheticity, independence-type axioms for\nmixture spaces, constant relative/absolute risk and ambiguity aversion axioms,\nstationarity for dated rewards or consumption streams, separability, and many\nothers. We provide necessary and sufficient conditions for invariant\nrationalizability via a novel approach which relies on tools from the\ntheoretical computer science literature on automated theorem proving. We also\nestablish a generalization of the Dushnik-Miller theorem, which we use to give\na complete description of the out-of-sample predictions generated by the data\nunder any such collection of axioms.","PeriodicalId":501188,"journal":{"name":"arXiv - ECON - Theoretical Economics","volume":"34 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2024-08-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Revealed Invariant Preference\",\"authors\":\"Peter Caradonna, Christopher P. Chambers\",\"doi\":\"arxiv-2408.04573\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"We consider the problem of rationalizing choice data by a preference\\nsatisfying an arbitrary collection of invariance axioms. Examples of such\\naxioms include quasilinearity, homotheticity, independence-type axioms for\\nmixture spaces, constant relative/absolute risk and ambiguity aversion axioms,\\nstationarity for dated rewards or consumption streams, separability, and many\\nothers. We provide necessary and sufficient conditions for invariant\\nrationalizability via a novel approach which relies on tools from the\\ntheoretical computer science literature on automated theorem proving. We also\\nestablish a generalization of the Dushnik-Miller theorem, which we use to give\\na complete description of the out-of-sample predictions generated by the data\\nunder any such collection of axioms.\",\"PeriodicalId\":501188,\"journal\":{\"name\":\"arXiv - ECON - Theoretical Economics\",\"volume\":\"34 1\",\"pages\":\"\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2024-08-08\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"arXiv - ECON - Theoretical Economics\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/arxiv-2408.04573\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"arXiv - ECON - Theoretical Economics","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/arxiv-2408.04573","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
We consider the problem of rationalizing choice data by a preference
satisfying an arbitrary collection of invariance axioms. Examples of such
axioms include quasilinearity, homotheticity, independence-type axioms for
mixture spaces, constant relative/absolute risk and ambiguity aversion axioms,
stationarity for dated rewards or consumption streams, separability, and many
others. We provide necessary and sufficient conditions for invariant
rationalizability via a novel approach which relies on tools from the
theoretical computer science literature on automated theorem proving. We also
establish a generalization of the Dushnik-Miller theorem, which we use to give
a complete description of the out-of-sample predictions generated by the data
under any such collection of axioms.