Research Article

Economic Theory

, Volume 29, Issue 3, pp 677-699

First online:

Weak axiomatic demand theory

  • John K-H. QuahAffiliated withDepartment of Economics, Oxford University Email author 

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This paper identifies a class of complete but not necessarily transitive preferences which generate demand functions that obey the weak axiom of revealed preference and within which any function obeying the weak axiom can be rationalized.


Weak axiom of revealed preference Violations of transitivity Rationalizability Demand

JEL Classification Numbers

C61 D11 D50