Course Information
Course title
 Revealed Preference Theory 
Semester
 110-2 
Designated for
 COLLEGE OF SOCIAL SCIENCES  GRADUATE INSTITUTE OF ECONOMICS  
Instructor
 YI-HSUAN LIN 
Curriculum Number
 ECON5181 
Curriculum Identity Number
 323EU3200 
Class
  
Credits
 2.0 
Full/Half
Yr.
 Half 
Required/
Elective
 Elective 
Time
 Monday 6,7(13:20~15:10) 
Remarks
 Restriction: juniors and beyond OR Restriction: MA students and beyond OR Restriction: Ph. D students
The upper limit of the number of students: 50. 
Ceiba Web Server
 http://ceiba.ntu.edu.tw/1102ECON5181_RP 
Course introduction video
 
Table of Core Capabilities and Curriculum Planning
 Table of Core Capabilities and Curriculum Planning
Course Syllabus
Please respect the intellectual property rights of others and do not copy any of the course information without permission
Course Description

This course introduces the fundamental results in the revealed preference theory. The objectives of the theory are to understand what economic models say about the observable world and how to verify if given data are consistent with a given model.

In the first half of the semester, we focus on the classic models of choice, including choice in an abstract setting, demand and production theories, and random choice. In the second half of the semester, we focus on choice under uncertainty, collective choice theory, and social choice. We also discuss the measures of the severity of a violation of a model. 

Course Objective
 Course Objective

To familiarize students with the basic concepts and logics behind the revealed preference theory.

一、課程概述Course Description
This course introduces the fundamental results in the revealed preference theory. The objectives of the theory are to understand what economic models say about the observable world and how to verify if given data are consistent with a given model.

In the first half of the semester, we focus on the classic models of choice, including choice in an abstract setting, demand and production theories, and random choice. In the second half of the semester, we focus on choice under uncertainty, collective choice theory, and social choice. We also discuss the measures of the severity of a violation of a model.

二、教學目標Course Objective
To familiarize students with the basic concepts and logics behind the revealed preference theory.

三、每週進度及教學內容簡述Course outline (Course Schedule of 18 weeks)
Week 1: Preference and Utility
Week 2: Preference and Utility
Week 3: Abstract Choice Theory
Week 4: Abstract Choice Theory
Week 5: Consumer Demand Theory
Week 6: Consumer Demand Theory
Week 7: Production Theory
Week 8: Production Theory
Week 9: Stochastic Choice
Week 10: Mid-term Exams
Week 11: Practical Issues in Revealed Preference Analysis
Week 12: Practical Issues in Revealed Preference Analysis
Week 13: Choice under Risk and Uncertainty
Week 14: Choice under Risk and Uncertainty
Week 15: Game Theory
Week 16: Game Theory
Week 17: Social Choice
Week 18: Final 
Course Requirement
 Grading:
Problem Sets: 40%
Mid-term Exam: 30%
Final Exam: 30%

Problem Sets will be distributed every one or two weeks. Each set will contain two to three questions. Those questions are designed to familiarize students with the basic concepts. Only minimal technical proofs and computations will be involved.

Most questions in the mid-term and final exams will be analogous to the questions in the problem sets.


Requirements for students after the class:
Students are required to do problem sets. They are encouraged to discuss with each other, but each student must hand in his or her solutions separately. 
Student Workload (expected study time outside of class per week)
  
Office Hours
  
Designated reading
 待補 
References
 The main reference is the following book:
“Revealed Preference Theory” by Christopher Chambers and Federico Echenique, 2016

I will also distribute my own lecture notesslides. 
Grading
    
Progress
Week
Date
Topic
Week 1
 2/14  Course Introduction 
Week 2
 2/21  Abstract Choice Theory 
Week 4
 3/07  Abstract Choice Theory (Lec 1 slides are updated) 
Week 5
 3/14  Consumer Demand Theory 
Week 7
 3/28  Revealed Attention 
Week 10
 4/18  Measure of Rationality 
Week 11
 4/25  Random Choice 
Week 13
 5/09  Choice under Uncertainty 
Week 15
 5/23  Random Choice and Limited Attention 
Week 16
 5/30  The Final Exam 
Week 17
 6/06  Temptation 
Week 18
 6/13  Sequential Rationalizability