WARP Does Not Imply SARP for More Than Two Commodities


Article
volume 62, issue 1 pp 152-160.
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The only examples available in the literature to show that the Weak Axiom of Revealed Preference does not imply the Strong Axiom of Revealed Preference, the examples of Gale and Shafer, apply only to the case of three commodities. This paper constructs examples for four or more commodities.



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