Nonparametric Demand Analysis of U.K. Personal Sector Decisions on Consumption, Leisure, and Monetary Assets: A Reappraisal
利用新数据集检验英国个人部门在耐用品、非耐用品、服务、休闲和货币资产上的效用最大化行为及弱可分性，发现数据支持效用最大化，且弱可分性对商品聚合度不敏感，但对代表性消费者假设敏感。
This paper utilizes a new data set to test for utility maximizing behavior and weakly separable subutility functions in the context of a utility function comprising durables, nondurables, services, leisure, and monetary asset holdings for the U.K. personal sector. All the data sets analyzed demonstrated consistency with respect to utility maximizing behavior. The weak separability results prove to be relatively invariant to the degree of aggregation over goods but highly sensitive to the assumption made regarding the representative consumer. Per-household scaling of the data produced a utility function that is weakly separable in goods, services and leisure, and in monetary assets. © 1997 by the President and Fellows of Harvard College and the Massachusetts Institute of Technology