可恢复性再探

Recoverability revisited

Journal of Mathematical Economics · 2020
被引 4
人大 A-ABS 3

中文导读

研究了从需求函数恢复偏好关系的唯一性问题,证明了在需求函数具有足够广的值域且满足收入-利普希茨条件时,存在唯一的上半连续偏好关系,并显式构造了其效用函数。

Abstract

This study considers the uniqueness problem of the preference relation corresponding to a demand function, which is called the “recoverability problem”. We show that if a demand function has sufficiently wide range and is income-Lipschitzian, then there exists a unique corresponding upper semi-continuous preference relation. Moreover, we explicitly construct a utility function that represents this preference relation. Compared with related research, a feature of our result is that it ensures not only the uniqueness, but also the existence of the corresponding upper semi-continuous preference relation. Further, we introduce two axioms related to demand functions, and show that these axioms are equivalent to the continuity of our preference relation in the interior of the consumption set. In addition to these results, we present three examples that explain why our requirements (including the upper semi-continuity of preference relations and the wide range requirement and income-Lipschitzian property of demand functions) are necessary, and a further two examples in which there is no continuous preference relation corresponding to the given demand function.

需求函数偏好关系可恢复性上半连续性