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The Nonparametric Approach to Demand Analysis

Hal R. Varian
Econometrica
Vol. 50, No. 4 (Jul., 1982), pp. 945-973
Published by: The Econometric Society
DOI: 10.2307/1912771
Stable URL: http://www.jstor.org/stable/1912771
Page Count: 29
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Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
The Nonparametric Approach to Demand Analysis
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Abstract

This paper shows how to test data for consistency with utility maximization, recover the underlying preferences, and forecast demand behavior without making any assumptions concerning the parametric form of the underlying utility or demand functions.

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