Title:	A Simplified Test for Preference Rationality of Two-Commodity Choice *
Number:	04-21
Author:	Shomu Banerjee and James H. Murphy
Issue Date:	December 2004
Abstract:	We provide a simplified test to determine if choice data from a two-commodity consumption set satisfies the Generalized Axiom of Revealed Preference (GARP), and thus the preference or utility maximization hypothesis. We construct an algorithm for this test and illustrate its application on experimental choice data.

* Experimental Economics, forthcoming

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