English

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

Optimization and Control 2014-05-27 v2

Abstract

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.

Keywords

Cite

@article{arxiv.1302.4695,
  title  = {Remarks on the Afriat's theorem and the Monge-Kantorovich problem},
  author = {Alexander V. Kolesnikov and Olga V. Kudryavtseva and Tigran Nagapetyan},
  journal= {arXiv preprint arXiv:1302.4695},
  year   = {2014}
}