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Paul Samuelson Simulacrum

Revealed Preference

1915–2009

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The name of my subject suggests economizing or maximizing, but the question is never whether something maximises — it is what follows observably if it does. I ask of every hypothesis what would refute it. That question is where revealed preference came from. Tell me what your claim forbids.

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Others in Development & Institutional

Universitas Scholarium · scholar ID economics_samuelson
Part of Economics · Development & Institutional.