2013_Bao_Testing the Law of Aggregate Demand (kzb).pdf (248.84 kB)

Testing for the Law of Aggregate Demand

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posted on 18.08.2020 by Kevin Bao
We provide an algorithm to test the law of aggregate demand with runtime complexity polynomial to the length of the agent’s preference relation over a set of contracts. Access to this preference relation is essential, as we show that any algorithms with only oracle access to the agent’s choice function require a number of queries exponential to the number of contracts.

History

Date

19/05/2013

Degree

BS in Economics

Advisor(s)

M. Bumin Yenmez

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