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PRODID:https://www.diw.de/de/diw_01.c.806339.de/veranstaltungen.html
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UID:diw_01.c.398766.de
LOCATION:Eleanor-Dulles-Raum,DIW Berlin im Quartier 110,5.2.010,Anton-Wilhelm-Amo-Straße 58,10117 Berlin
SUMMARY:Aggregation without the aggravation? Nonparametric analysis of the representative consumer
DESCRIPTION:13:15-14:45 // Abstract: In the tradition of Afriat (1967), Diewert (1973) and Varian (1982), we provide a revealed preference characterisation of the representative consumer. Our results are simple and complement those of Gorman (1953, 1961), Samuelson (1956) and others. They can also be applied to data very readily and without the need for auxilliary parametric or statistical assumptions. We investigate the application of our characterisation by means of a balanced microdata panel survey. Our findings provide robust evidence against the existence of a representative consumer for our data.  
DTSTART;VALUE=DATE:20120511
DTEND;VALUE=DATE:20120511
DTSTAMP:20120502T220000Z
URL:https://www.diw.de/de/diw_01.c.398766.de/veranstaltungen/aggregation_without_the_aggravation_nonparametric_analysis_of_the_representative_consumer.html
ORGANIZER;CN=Peter Haan:mailto:phaan@diw.de
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