0
$\begingroup$

I have a froblem understanding GARP in revealed preferences. I know what WARP means, and that SARP adds transivity such that it allows for indirect preferences, but what about GARP?

How can you recognize it graphically?

$\endgroup$

0

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service and acknowledge you have read our privacy policy.

Browse other questions tagged or ask your own question.