000			01175nam a22001457a 4500
999			_c514421 _d514421
008			201031b ||||| |||| 00| 0 eng d
100			_aAdams, Abi _920710
245			_aMutually consistent revealed preference demand predictions
260			_aAmerican Economic Journal: Microeconomics
300			_a12(1), Feb, 2020: p.42-74
520			_aRevealed preference restrictions are increasingly used to predict demand behavior at new budgets of interest and as shape restrictions in nonparametric estimation exercises. However, the restrictions imposed are not sufficient for rationality when predictions are made at multiple budgets. I highlight the non-convexities in the set of predictions that arise when making multiple predictions. I develop a mixed integer programming characterization of the problem that can be used to impose rationality on multiple predictions. The approach is applied to the UK Family Expenditure Survey to recover rational demand predictions with substantially reduced computational resources compared to known alternatives.- Reproduced
773			_aAmerican Economic Journal: Microeconomics
906			_aBUDGET I UNITED KINGDOM
942			_cAR