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Econometrics and Applied Micro Seminar

Tuesday, October 1, 2013
4:00pm to 5:00pm
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Baxter B125
A Test for Weakly Separable Preferences
John Quah, Oxford University,

We identify necessary and sufficient conditions under which a finite data set of price vectors and consumption bundles can be rationalized by a weakly separable utility function. Our result could be understood as a generalization of Afriat's Theorem.

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