In defence of revealed preference theory
2020
This paper defends revealed preference theory against a pervasive line of criti- cism, according to which revealed preference methodology relies on appealing to some mental states, in particular an agent's beliefs, rendering the project incoherent or un- motivated. I argue that all that is established by these arguments is that revealed preference theorists must accept a limited mentalism in their account of the options an agent is modelled as choosing between. This is consistent both with an essen- tially behavioural interpretation of preference and with standard revealed preference methodology, and does not undermine the core motivations of revealed preference theory.
Keywords:
- Correction
- Source
- Cite
- Save
- Machine Reading By IdeaReader
57
References
4
Citations
NaN
KQI