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Skaevola didn’t say “expressed preference.” He/she said “revealed preference.” I.e. revealed by actual purchases. This is more meaningful than any other “expres
by stiglitz 8y ago
Skaevola didn’t say “expressed preference.” He/she said “revealed preference.” I.e. revealed by actual purchases. This is more meaningful than any other “expression.”
- dragonsngoblins 8y agoI misused the word "expressed" as opposed to "revealed" but I was meaning to use it the same way Skevola used "revealed". Sorry for the confusion