Consumption Theory in Terms of Revealed Preference.¶
Samuelson, P. A. (1948). Consumption Theory in Terms of Revealed Preference. Economica, 15(60), 243-253.
Cited by¶
1 citation across 1 artifact.
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Primes¶
- Desire Path
- The trace is involuntary, cumulative, and physically or digitally inscribed by the users themselves, which gives it a different epistemic status from surveys or intended-use models: it shows revealed behaviour under real friction rather than reported behaviour under reflection.
This sourceFoundational statement of revealed preference — inferring preference from observed choice under real constraint rather than from reported preference, the epistemic basis for reading a desire path as data.
Supported in partVerified against the publisher's abstract
Samuelson supplies only the revealed-preference principle — preference inferred from observed market choice rather than reported preference — and says nothing about traces being involuntary, cumulative, or user-inscribed.
“By comparing the costs of different combinations of goods at different relative price situations, we can infer whether a given batch of goods is preferred to another batch; the individual guinea-pig, by his market behaviour, reveals his preference pattern-if there is such a consistent pattern.”
- The trace is involuntary, cumulative, and physically or digitally inscribed by the users themselves, which gives it a different epistemic status from surveys or intended-use models: it shows revealed behaviour under real friction rather than reported behaviour under reflection.
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