Nonparametric Analysis of Random Utility Models
开发并实施了一种随机效用模型的非参数检验方法，用于检验截面需求分布是否来自理性消费者群体，并处理内生支出问题，在5种商品的英国住户支出调查中展示了可行性。
This paper develops and implements a nonparametric test of Random Utility\nModels. The motivating application is to test the null hypothesis that a sample\nof cross-sectional demand distributions was generated by a population of\nrational consumers. We test a necessary and sufficient condition for this that\ndoes not rely on any restriction on unobserved heterogeneity or the number of\ngoods. We also propose and implement a control function approach to account for\nendogenous expenditure. An econometric result of independent interest is a test\nfor linear inequality constraints when these are represented as the vertices of\na polyhedron rather than its faces. An empirical application to the U.K.\nHousehold Expenditure Survey illustrates computational feasibility of the\nmethod in demand problems with 5 goods.\n