I think Anand raises a more interesting question than is addressed in the responses so far. I bet it's been addressed in some literature, but I think the interesting question implied by Anand's post is "how similar are preferences made in absence of prices to prefences developed with full knowledge of prices?" I can't remember whether Samuelson deals with this... -fabio
- Preference revelation Ananda Gupta
- Re: Preference revelation Alexander Robert William Robson
- Re: Preference revelation fabio guillermo rojas
- Re: Preference revelation Pierre Lemieux
- Re: Preference revelation Alex Tabarrok
- Re: Preference revelation Ananda Gupta
- Re: Preference revelation Bryan D Caplan
- RE: Preference revelation Jacob Wimpffen Br�strup
