Goodness-of-Fit in Demand Analysis
dc.contributor.author | Varian, Hal R. | en_US |
dc.date.accessioned | 2013-11-14T23:22:39Z | |
dc.date.available | 2013-11-14T23:22:39Z | |
dc.date.issued | 1988-09 | en_US |
dc.identifier.other | MichU DeptE CenREST W89-11 | en_US |
dc.identifier.other | D110 | en_US |
dc.identifier.other | D120 | en_US |
dc.identifier.uri | https://hdl.handle.net/2027.42/101026 | |
dc.description.abstract | Revealed preference analysis provides a definitive method to test for optimizing behavior. However, it has been criticized because it fails to allow for approximate satisfaction of optimizing behavior. In this paper, I outline some possible solutions to this problem. These solutions suggest some novel measurements of goodness-of-fit in parametric demand estimation. | en_US |
dc.description.sponsorship | Center for Research on Economic and Social Theory, Department of Economics, University of Michigan | en_US |
dc.relation.ispartofseries | CREST Working Paper | en_US |
dc.subject | Nonparametric | en_US |
dc.subject | Demand Analysis | en_US |
dc.subject | Revealed Preference | en_US |
dc.subject.other | Consumer Economics: Theory | en_US |
dc.subject.other | Consumer Economics: Empirical Analysis | en_US |
dc.title | Goodness-of-Fit in Demand Analysis | en_US |
dc.type | Working Paper | en_US |
dc.subject.hlbsecondlevel | Economics | en_US |
dc.subject.hlbtoplevel | Social Sciences | en_US |
dc.description.bitstreamurl | http://deepblue.lib.umich.edu/bitstream/2027.42/101026/1/ECON464.pdf | |
dc.owningcollname | Economics, Department of - Working Papers Series |
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Economics, Department of - Working Papers Series
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