Convexifiability;
Least concavity;
Preorder;
Utility functions;
Afriat’s and sandwich approximations;
Revealed preferences;
91B42;
26B25;
D O I:
暂无
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摘要:
A quasiconvex function f being given, does there exist an increasing and continuous function k which makes k∘f\documentclass[12pt]{minimal}
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\begin{document}$$k\circ f$$\end{document} convex? How to build such a k? Some words on least convex (concave) functions. The ratio of two positive numbers is neither locally convexifiable nor locally concavifiable. Finally, some considerations on the approximation of a preorder from a finite number of observations and on the revealed preference problem are discussed.