The Weak Axiom of Revealed Preference in a Productive Economy
研究纯生产要素、私人禀赋所有权和规模报酬不变的经济中,市场需求的弱显示偏好公理为何通常不成立,主要原因是收入分配对价格系统过于敏感。
We consider an economy with pure factors of production, private ownership of endowments and constant returns to scale in production. Typically in such an economy, the weak axiom of revealed preference for market demand does not hold. The main reason for this is that the income distribution in such a private ownership economy depends too sensitively on the price system.