@prefix skos: <http://www.w3.org/2004/02/skos/core#> .
@prefix isothes: <http://purl.org/iso25964/skos-thes#> .

<https://concepts.sagepub.com/social-science/concept/revealed_preference>
  skos:definition "Revealed preference theory holds that consumers' preferences can be revealed by what they purchase under different circumstances, particularly under different income and price circumstances. The concept argues that if a consumer purchases a specific bundle of goods, then that bundle is “revealed preferred,” given constant income and prices, to any other bundle that the consumer could afford. [Source: <a href=\"https://sk.sagepub.com/reference/ethics/n699.xml\" target=\"_blank\" data-id=\"to-sk\">Encyclopedia of Business Ethics and Society; Revealed Preference</a>]"@en ;
  skos:broader <https://concepts.sagepub.com/social-science/concept/Rational_Choice_Theory>, <https://concepts.sagepub.com/social-science/concept/decision_making> ;
  skos:prefLabel "revealed preference"@en ;
  a skos:Concept .

<https://concepts.sagepub.com/social-science/concept/conceptgroup/concepts>
  a skos:Collection, isothes:ConceptGroup ;
  skos:prefLabel "concepts"@en ;
  skos:member <https://concepts.sagepub.com/social-science/concept/revealed_preference> .

<https://concepts.sagepub.com/social-science/concept/decision_making>
  skos:prefLabel "decision making"@en ;
  a skos:Concept ;
  skos:narrower <https://concepts.sagepub.com/social-science/concept/revealed_preference> .

<https://concepts.sagepub.com/social-science/concept/Rational_Choice_Theory>
  skos:prefLabel "Rational Choice Theory"@en ;
  a skos:Concept ;
  skos:narrower <https://concepts.sagepub.com/social-science/concept/revealed_preference> .

