On the Recoverability of Risk and Time Preferences from Consumption and Asset Demands

Abstract

We establish sufficient conditions for the recoverability and uniqueness of utility functions (preferences) generating consumption and asset demands in a two-period setting under uncertainty.

Authors: Herakles Polemarchakis and Larry Selden

Format: Journal Article

Publication Date: January 1, 1984

Journal: European Economic Review

Full Citation

Polemarchakis, Herakles and Larry Selden

. “On the Recoverability of Risk and Time Preferences from Consumption and Asset Demands.”

European Economic Review

vol.

, (January 01, 1984):

115

133