Course Information
Course title
 Revealed Preference Theory 
Semester
 111-2 
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. 
  
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. Introduction and Mathematical Preliminaries
Week 2. Holiday
Week 3. Abstract Choice Theory
Week 4. Abstract Choice Theory
Week 5. Consumer Demand Theory
Week 6. Consumer Demand Theory
Week 7. Choice and Attention
Week 8. Mid-term Exam
Week 9. Measure of Rationality
Week 10. Stochastic Choice
Week 11. Choice under Risk and Uncertainty
Week 12. Choice under Risk and Uncertainty
Week 13. Stochastic Choice and Limited Attention
Week 14. Temptation
Week 15. Sequential Rationality
Week 16. Final Exam 
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
 Appointment required. Note: Whatever questions you have, always email me first. We may efficiently resolve your problems through email communication. If you would like to meet me in person, make an appointment via email. Monday is usually preferred. We can meet in the morning or after class somewhere around the NTU campus. On the other days, you may have to come to Academia Sinica, or we arrange an online meeting. 
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 slides. 
Grading
    
Progress
Week
Date
Topic
Week 1
 2/20  Course Introduction 
Week 2
 2/27  Abstract Choice Theory 
Week 8
 4/10  The Midterm Exam 
Week 16
   The Final Exam