Demand properties of concavifiable preferences

Yevgenia Apartsin, Yakar Kannai

Research output: Contribution to journalArticlepeer-review

2 Scopus citations


The purpose of the present paper is to clarify the relation between choice theory for individual consumers, i.e., the observed demand behavior, and the preference ordering {succeeds or equal to} of that individual. Specifically, we study how concavifiability (i.e., representability of {succeeds or equal to} by a concave utility function) is expressed by quantities (cross-coefficients) appearing in revealed preferences theory. We present a sequence of rather explicit necessary conditions for concavifiability. All these conditions are quantitative asymptotic strengthenings of the strong axiom of revealed preference. The results and concepts are illustrated by means of examples in which an expenditure data is defined by providing its generating utility function.

Original languageEnglish
Pages (from-to)36-55
Number of pages20
JournalJournal of Mathematical Economics
Issue number1
StatePublished - Dec 2006
Externally publishedYes


  • Concavifiability
  • Demand
  • GARP
  • Revealed preferences


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