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Erscheinungsjahr: 
2020
Schriftenreihe/Nr.: 
IFN Working Paper No. 1342
Verlag: 
Research Institute of Industrial Economics (IFN), Stockholm
Zusammenfassung: 
This paper introduces the Stata commands checkax, aei, and powers as a bundle within the package rpaxioms. The first command allows the user to test whether consumer demand data satisfy a number of revealed preference axioms at a given efficiency level, the second command calculates measures of goodness-of-fit when the data violate these axioms, and the third command calculates power against uniformly random behavior as well as predictive success for each axiom at any given efficiency level. The commands are illustrated using experimental individual-level data and aggregated household-level consumption data.
Schlagwörter: 
Rpaxioms
Checkax
Aei
Powerps
Afriat effciency index
GARP
Revealed preference
Power
Predictive success
JEL: 
C87
D12
Dokumentart: 
Working Paper

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