revealed preference
A consumer preference as inferred from purchasing habits according to a theory…A consumer preference as inferred from purchasing habits according to a theory invented by American economist Paul A. Samuelson.
Meaning
2 senses(countable, uncountable)A consumer preference as inferred from purchasing habits according to a theory invented by American economist Paul A. Samuelson.
offenbarte Präferenz
(uncountable)Samuelson's theory for inferring consumer preference from purchasing habits.
Translations
1 languagesBy meaning 1
Origin
Coined by American economist Paul Samuelson in the title of his 1948 paper expounding a thCoined by American economist Paul Samuelson in the title of his 1948 paper expounding a theory for inferring consumer preference from purchasing habits. Samuelson first published a version of his theory ten years earlier, in a 1938 paper, but did not use the term revealed preference in the 1938 paper.
Wiktionary, CC BY-SA 4.0 · source
Forms
plural: revealed preferences| Singular | revealed preference |
|---|---|
| Plural | revealed preferences |
regular
Word family
1 related wordsLessons for this word
1 lessons- A1Countable and uncountable nouns — Because it can be uncountable