A General Revealed Preference Test for Quasilinear Preferences: Theory and Experiments

• Tác giả: Marco Castillo, Mikhail Freer
• Ngôn ngữ: eng
• Ký hiệu phân loại: 155.283 Inventories and questionnaires
• Thông tin xuất bản: 2021
• Bộ sưu tập: Metadata
• ID: 168125

Tóm tắt

We provide a generalized revealed preference test for quasilinear preferences. The test applies to nonlinear budget sets and non-convex preferences as those found in taxation and nonlinear pricing contexts. We study the prevalence of quasilinear preferences in a laboratory real-effort task experiment with nonlinear wages. The experiment demonstrates the empirical relevance of our test. We find support for either convex (non-separable) preferences or quasilinear preferences but weak support for the hypothesis of both quasilinear and convex preferences.