Phrase guide
Definitions and examples are grouped by meaning. Pronunciation, history, word forms, translations, descendants, synonyms, antonyms, derived terms, and related words appear whenever the source provides them.
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noun
A consumer preference as inferred from purchasing habits according to a theory invented by American economist Paul A. Samuelson.
Definition source: English Wiktionary via Wiktextract
Usage: countable, uncountable
No example sentence was provided for this meaning.
Synonyms: none provided
Antonyms: none provided
noun
Samuelson's theory for inferring consumer preference from purchasing habits.
Definition source: English Wiktionary via Wiktextract
Usage: uncountable
No example sentence was provided for this meaning.
Synonyms: none provided
Antonyms: none provided
History
Coined by American economist Paul Samuelson in the title of his 1948 paper expounding a theory for inferring consumer preference from purchasing habits. Samuelson first published a version of his theory ten years earlier, in a 1938 paper, but did not use the term revealed preference in the 1938 paper.
Across languages
1 source translations are retained for this English entry.
