{"id":"https://openalex.org/W3010367478","doi":"https://doi.org/10.2139/ssrn.3543674","title":"A Rationalization of the Weak Axiom of Revealed Preference","display_name":"A Rationalization of the Weak Axiom of Revealed Preference","publication_year":2020,"publication_date":"2020-01-01","ids":{"openalex":"https://openalex.org/W3010367478","doi":"https://doi.org/10.2139/ssrn.3543674","mag":"3010367478"},"language":"en","primary_location":{"id":"doi:10.2139/ssrn.3543674","doi":"https://doi.org/10.2139/ssrn.3543674","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.3543674","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"SSRN Electronic Journal","raw_type":"journal-article"},"volume":null,"type":"preprint","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.2139/ssrn.3543674","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5071712956","display_name":"Victor H. Aguiar","orcid":"https://orcid.org/0000-0001-8308-5764","observed_orcids":["https://orcid.org/0000-0001-8308-5764"]},"institutions":[{"id":"https://openalex.org/I125749732","display_name":"Western University","ror":"https://ror.org/02grkyz14","country_code":"CA","type":"education","lineage":["https://openalex.org/I125749732"]}],"countries":["CA"],"is_corresponding":false,"raw_author_name":"Victor Aguiar","raw_affiliation_strings":["Western University (University of Western Ontario), 1151 Richmond, London, Ontario N6A5C2, Canada"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Western University (University of Western Ontario), 1151 Richmond, London, Ontario N6A5C2, Canada","institution_ids":["https://openalex.org/I125749732"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5070179611","display_name":"Per Hjertstrand","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I77432436","display_name":"Research Institute of Industrial Economics","ror":"https://ror.org/0311gd774","country_code":"SE","type":"nonprofit","lineage":["https://openalex.org/I77432436"]}],"countries":["SE"],"is_corresponding":false,"raw_author_name":"Per Hjertstrand","raw_affiliation_strings":["Research Institute of Industrial Economics (IFN), Box 55665, Grevgatan 34, 2nd floor, Stockholm, SE-102 15, Sweden"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Research Institute of Industrial Economics (IFN), Box 55665, Grevgatan 34, 2nd floor, Stockholm, SE-102 15, Sweden","institution_ids":["https://openalex.org/I77432436"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5110145339","display_name":"Roberto Serrano","orcid":"https://orcid.org/0000-0002-7156-4693","observed_orcids":["https://orcid.org/0000-0002-7156-4693"]},"institutions":[{"id":"https://openalex.org/I27804330","display_name":"Brown University","ror":"https://ror.org/05gq02987","country_code":"US","type":"education","lineage":["https://openalex.org/I27804330"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Roberto Serrano","raw_affiliation_strings":["Brown University, 64 Waterman Street, Providence, RI 02912, United States"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Brown University, 64 Waterman Street, Providence, RI 02912, United States","institution_ids":["https://openalex.org/I27804330"]}]}],"institutions":[],"countries_distinct_count":3,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5110145339"],"corresponding_institution_ids":["https://openalex.org/I27804330"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":true,"cited_by_count":13,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.5292999744415283,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10315","display_name":"Decision-Making and Behavioral Economics","score":0.5292999744415283,"subfield":{"id":"https://openalex.org/subfields/1800","display_name":"General Decision Sciences"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12137","display_name":"Economic theories and models","score":0.17790000140666962,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10841","display_name":"Economic and Environmental Valuation","score":0.13729999959468842,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/weak-axiom-of-revealed-preference","display_name":"weak axiom of revealed preference","score":0.9739999771118164},{"id":"https://openalex.org/keywords/revealed-preference","display_name":"revealed preference","score":0.6890000104904175},{"id":"https://openalex.org/keywords/welfare-analysis","display_name":"welfare analysis","score":0.8629999756813049},{"id":"https://openalex.org/keywords/counterfactual-analysis","display_name":"counterfactual analysis","score":0.9789999723434448},{"id":"https://openalex.org/keywords/law-of-demand","display_name":"law of demand","score":0.9710000157356262},{"id":"https://openalex.org/keywords/consumer-choice","display_name":"consumer choice","score":0.6520000100135803}],"concepts":[{"id":"https://openalex.org/C167729594","wikidata":"https://www.wikidata.org/wiki/Q17736","display_name":"Axiom","level":2,"score":0.8374595642089844},{"id":"https://openalex.org/C52438962","wikidata":"https://www.wikidata.org/wiki/Q1555139","display_name":"Rationalization (economics)","level":2,"score":0.7659573554992676},{"id":"https://openalex.org/C2779110102","wikidata":"https://www.wikidata.org/wiki/Q1323737","display_name":"Revealed preference","level":2,"score":0.7640443444252014},{"id":"https://openalex.org/C108650721","wikidata":"https://www.wikidata.org/wiki/Q1783253","display_name":"Counterfactual thinking","level":2,"score":0.730223536491394},{"id":"https://openalex.org/C144237770","wikidata":"https://www.wikidata.org/wiki/Q747534","display_name":"Mathematical economics","level":1,"score":0.7064537405967712},{"id":"https://openalex.org/C184898388","wikidata":"https://www.wikidata.org/wiki/Q1435712","display_name":"Pairwise comparison","level":2,"score":0.6463125944137573},{"id":"https://openalex.org/C96622800","wikidata":"https://www.wikidata.org/wiki/Q2132788","display_name":"Rationalizability","level":3,"score":0.5921832323074341},{"id":"https://openalex.org/C2781249084","wikidata":"https://www.wikidata.org/wiki/Q908656","display_name":"Preference","level":2,"score":0.5738903880119324},{"id":"https://openalex.org/C149728462","wikidata":"https://www.wikidata.org/wiki/Q751319","display_name":"Minimax","level":2,"score":0.541682779788971},{"id":"https://openalex.org/C205706631","wikidata":"https://www.wikidata.org/wiki/Q2319304","display_name":"Expected utility hypothesis","level":2,"score":0.4612544775009155},{"id":"https://openalex.org/C63428231","wikidata":"https://www.wikidata.org/wiki/Q9043","display_name":"Norwegian","level":2,"score":0.4295322000980377},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.39953044056892395},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.3985246419906616},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.3845568299293518},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.3431263267993927},{"id":"https://openalex.org/C46814582","wikidata":"https://www.wikidata.org/wiki/Q23389","display_name":"Nash equilibrium","level":2,"score":0.27090534567832947},{"id":"https://openalex.org/C77805123","wikidata":"https://www.wikidata.org/wiki/Q161272","display_name":"Social psychology","level":1,"score":0.09843304753303528},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.09349057078361511},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.08243277668952942},{"id":"https://openalex.org/C2524010","wikidata":"https://www.wikidata.org/wiki/Q8087","display_name":"Geometry","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C41895202","wikidata":"https://www.wikidata.org/wiki/Q8162","display_name":"Linguistics","level":1,"score":0.0}],"mesh":[],"locations_count":7,"locations":[{"id":"doi:10.2139/ssrn.3543674","doi":"https://doi.org/10.2139/ssrn.3543674","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.3543674","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"SSRN Electronic Journal","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:hhs:iuiwop:1321","doi":null,"is_oa":false,"landing_page_url":"https://www.ifn.se/wfiles/wp/wp1321.pdf","pdf_url":"https://www.ifn.se/wfiles/wp/wp1321.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:econstor.eu:10419/270411","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10419/270411","pdf_url":"https://www.econstor.eu/bitstream/10419/270411/1/1817688278.pdf","source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"doc-type:report"},{"id":"mag:3010367478","doi":null,"is_oa":false,"landing_page_url":"https://econpapers.repec.org/RePEc:hhs:iuiwop:1321","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"RePEc: Research Papers in Economics","raw_type":null},{"id":"pmh:oai:RePEc:uwo:uwowop:20229","doi":null,"is_oa":false,"landing_page_url":"https://ir.lib.uwo.ca/cgi/viewcontent.cgi?article=1851&context=economicsresrpt","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:econstor.eu:10419/240464","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/10419/240464","pdf_url":null,"source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"doc-type:workingPaper"},{"id":"pmh:oai:ir.lib.uwo.ca:economicsresrpt-1851","doi":null,"is_oa":false,"landing_page_url":"https://ir.lib.uwo.ca/economicsresrpt/851","pdf_url":null,"source":{"id":"https://openalex.org/S4306400648","display_name":"Scholarship@Western (Western University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I125749732","host_organization_name":"Western University","host_organization_lineage":["https://openalex.org/I125749732"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Department of Economics Research Reports","raw_type":"workingpaper"}],"best_oa_location":{"id":"doi:10.2139/ssrn.3543674","doi":"https://doi.org/10.2139/ssrn.3543674","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.3543674","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"SSRN Electronic Journal","raw_type":"journal-article"},"sustainable_development_goals":[],"sustainable_development_goals_aurora":[{"score":0.6000000238418579,"display_name":"Peace, justice, and strong institutions","id":"https://metadata.un.org/sdg/16"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W3205124427","https://openalex.org/W7207477519","https://openalex.org/W4381713227","https://openalex.org/W2929621511","https://openalex.org/W1966372093","https://openalex.org/W2889706471","https://openalex.org/W2373621630","https://openalex.org/W2896494719","https://openalex.org/W3127007276","https://openalex.org/W1980898341"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":2},{"year":2023,"cited_by_count":3},{"year":2022,"cited_by_count":2},{"year":2021,"cited_by_count":1},{"year":2020,"cited_by_count":1},{"year":2019,"cited_by_count":2},{"year":2017,"cited_by_count":1}],"updated_date":"2026-10-12T09:40:04.860316","created_date":"2020-03-13T00:00:00"}