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arxiv: 1302.4695 · v2 · pith:HOB6BFGZnew · submitted 2013-02-19 · 🧮 math.OC

Remarks on the Afriat's theorem and the Monge-Kantorovich problem

classification 🧮 math.OC
keywords afriatexistencefunctionmonge-kantorovichtheoremtheoryutilitychoices
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The famous Afriat's theorem from the theory of revealed preferences establishes necessary and suffient conditions for existence of utility function for a given set of choices and prices. The result on existence of a {\it homogeneous} utility function can be considered as a particular fact of the Monge-Kantorovich mass transportation theory. In this paper we explain this viewpoint and discuss some related questions.

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