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1、TheSuntoryandToyotaInternationalCentresforEconomicsandRelatedDisciplinesRevealedPreferenceandtheUtilityFunctionAuthor(s):H.S.HouthakkerSource:Economica,NewSeries,Vol.17,No.66(May,1950),pp.159-174Publishedby:WileyonbehalfofTheLondonSchoolofEconomicsandPoliticalScienceandTheSuntoryandToyotaInternation
2、alCentresforEconomicsandRelatedDisciplinesStableURL:http://www.jstor.org/stable/2549382Accessed:15-08-201421:33UTCYouruseoftheJSTORarchiveindicatesyouracceptanceoftheTerms&ConditionsofUse,availableathttp://www.jstor.org/page/info/about/policies/terms.jspJSTORisanot-for-profitservicethathelpsscholars
3、,researchers,andstudentsdiscover,use,andbuilduponawiderangeofcontentinatrusteddigitalarchive.Weuseinformationtechnologyandtoolstoincreaseproductivityandfacilitatenewformsofscholarship.FormoreinformationaboutJSTOR,pleasecontactsupport@jstor.org.Wiley,TheLondonSchoolofEconomicsandPoliticalScienceandTh
4、eSuntoryandToyotaInternationalCentresforEconomicsandRelatedDisciplinesarecollaboratingwithJSTORtodigitize,preserveandextendaccesstoEconomica.http://www.jstor.orgThiscontentdownloadedfrom220.180.56.238onFri,15Aug201421:33:54UTCAllusesubjecttoJSTORTermsandConditions19501RevealedPreferenceandtheUtility
5、FunctionByH.S.HOUTHAKKERProfessorSamuelson's"revealedpreference"approach'hasprovedtobeausefulbasisforderivingaconsiderablepartofthestatictheoryofconsumer'schoice.ItsexisLingversionsarenotsufficient,however,todeterminewhetherornotconsumer'spreferencescanbedescribedbyautilityfunctionofthecustomarytype
6、(theproblemofintegrability),2exceptintheunrealisticcaseoftwocommodities.InthisnoteSamuelson's"fundamentalhypothesis"willbegeneralisedsoastoimplyintegrabilitywhilecontinuingtosatisfythemethodologicalrequirementsoftherevealedpreferenceapproachandwithoutlosingitsplausibility.Anattemptwillbemadetostress
7、thelogical,asdistinctfromthetechnicallymathematical,aspectsofthesubtleproblemofintegrability,andtoassessitsimportance.Itmaybeconvenienttostartwithabriefdiscussionoftherevealedpreferenceapproach.Though
