Paul A. Samuleson: Revealed Preference Theory and its Use in Index Theory

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F10%3A10225502" target="_blank" >RIV/61989100:27510/10:10225502 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

čeština

Original language name

Paul A. Samuelson: teorie projevených preferencí a její využití v teorii indexů

Original language description

P.A. Samuelson, one of the most important economists of the 20th century, died in December last year. P.A. Samuelson influenced significantly economics in many ways. Revealed preference theory can be considered as his main contribution to microeconomic analysis and as one of the fundamental thoughts in consumer theory. Samuelson's theory has been extended gradually (e.g. by H.S. Houthakker) and is used in many areas of economics. The aim of this paper is to describe the Samuelson's process of formulation of basic revealed preference theory thought, to define its relation to WARP and SARP and to show use of revealed preference in index theory to evaluation of consumer's welfare changes. The paper is conceived as a theoretical one, it can be considered as a basis for possible further analysis.

Czech name

Paul A. Samuelson: teorie projevených preferencí a její využití v teorii indexů

Czech description

P.A. Samuelson, one of the most important economists of the 20th century, died in December last year. P.A. Samuelson influenced significantly economics in many ways. Revealed preference theory can be considered as his main contribution to microeconomic analysis and as one of the fundamental thoughts in consumer theory. Samuelson's theory has been extended gradually (e.g. by H.S. Houthakker) and is used in many areas of economics. The aim of this paper is to describe the Samuelson's process of formulation of basic revealed preference theory thought, to define its relation to WARP and SARP and to show use of revealed preference in index theory to evaluation of consumer's welfare changes. The paper is conceived as a theoretical one, it can be considered as a basis for possible further analysis.

Type

J_x - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

CEP classification

AH - Economics

OECD FORD branch

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Project

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Continuities

V - Vyzkumna aktivita podporovana z jinych verejnych zdroju

Publication year

2010

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Ekonomická revue

ISSN

1212-3951

e-ISSN

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Volume of the periodical

13

Issue of the periodical within the volume

3

Country of publishing house

CZ - CZECH REPUBLIC

Number of pages

8

Pages from-to

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UT code for WoS article

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EID of the result in the Scopus database

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