Revealed Preference Theory

Famous quotes containing the words revealed, preference and/or theory:

    Indeed, there are no easy correlations between parental ideology, class or race and “successful” child development. Many children the world over have revealed a kind of toughness and plasticity that make the determined efforts of some parents to spare their children the slightest pain seem ironic.
    Robert Coles (20th century)

    Among all the world’s races, some obscure Bedouin tribes possibly apart, Americans are the most prone to misinformation. This is not the consequence of any special preference for mendacity, although at the higher levels of their public administration that tendency is impressive. It is rather that so much of what they themselves believe is wrong.
    John Kenneth Galbraith (b. 1908)

    If my theory of relativity is proven correct, Germany will claim me as a German and France will declare that I am a citizen of the world. Should my theory prove untrue, France will say that I am a German and Germany will declare that I am a Jew.
    Albert Einstein (1879–1955)