A Note on the Pure Theory of Consumer's Behaviour

Samuelson, P. A. (1938). A Note on the Pure Theory of Consumer's Behaviour. Economica, 5(17), 61-71.

Type

Journal article

Intellectual base

Primary research

Year

1938

DOI

10.2307/2548836

Link

https://doi.org/10.2307/2548836

Cited from

economics_finance

Cited by

3 citations across 3 artifacts.

Each citation links to the sentence it supports in the citing article.

Primes

• Indifference Curves
  • Revealed preference theory (Samuelson 1938)
• Preference
  • Preference is the foundational primitive on top of which the entire formal apparatus of consumer theory, choice theory, and welfare economics is built — from von Neumann and Morgenstern's (1944) expected-utility axiomatization to Samuelson's (1938) revealed-preference reconstruction of consumer demand without recourse to utility.
• Revealed Preference
  • Economics and consumer theory (origin): Samuelson's 1938 axiomatization, Houthakker's Strong Axiom, demand-system estimation from observed purchases, hedonic pricing.

    This sourceOriginates revealed preference and the Weak Axiom (WARP), inferring preference from observed choice rather than introspected utility.

Verification

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