A Note on the Pure Theory of Consumer's Behaviour

By P. Samuelson. 1938

Subfields: Economics & Operations Research

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Citations in the corpus

Scalable agent alignment via reward modeling: a research direction (2018, background): “…words, one of the difﬁculties of agent alignment is that the reward function is not directly available to the user in the ﬁrst place: users are usually not very aware of all of their preferences, and it might instead be easier for them to communicate through revealed preferences (Samuelson, 1938).”
Live Better by Consuming Less?: Is There a “Double Dividend” in Sustainable Consumption? (2005, background): “21 Consumer choice theory, following Samuelson (1938), restricted itself largely to deriving demand functions for consumer goods on the basis of “revealed preferences” in the market.”
Stochastic Choice and Consideration Sets (2012, unknown): “This holds true both for the classical (cid:145)rational(cid:146) model of preference maximisation (Samuelson [35], Richter [29]) and for more recent models of boundedly rational choice.”
Garp for kids: On the development of rational choice behavior (2001, background): “Revealed preference theory began with Paul A. Samuelson (1938), who showed that it was possible to think about rational choice purely in terms of observable data, without recourse to unobservable constructs like utility.”
How bad is incoherence (2016, background): “Procedural invariance Multiple definitions Status quo bias Samuelson & Zeckhauser (1988)”
The Effects of Wealth and Income on Subjective Well-Being and Ill-Being (2004, unknown): “Following Samuelson (1938), the standard approach is to treat behaviours as ‘revealed preferences’.”
Automatic integration of confidence in the brain valuation signal (2015, background): “Inserting equation (3) into equation (2) yields optimal rating r̂ :”
Information-Theoretic Bounded Rationality (2015, background): “In the economic literature, this rationale that links probability of choice and preferences is known as revealed preferences [Samuelson, 1938].”
Dopamine, Reward Prediction Error, and Economics (2008, background): “Samuelson (1938) pioneered the use of axiomatic techniques with his insistence that possible existence of a utility function be inferred only on the basis of observable choice data.”