An Experiment on the Pure Theory of Consumer's Behaviour
通过实验检验消费者需求是否满足显示偏好公理,发现大多数受试者违反了公理,对传统消费者行为理论的有效性提出质疑。
By checking whether consumer demand satisfies the axioms of revealed preference, one can test the empirical validity of the neoclassical theory of consumer behaviour. However, applying the axioms to actual consumer purchase data is difficult, if not impossible, since it poses serious problems of both a methodological and a practical nature. After commenting on the few existing empirical studies in this field, we summarise the results from an experimental approach to revealed preference theory. Data were obtained through a controlled experiment that involved real consumption of the goods chosen. We find that most subjects violated the axioms.