Consistency Criteria for General Datasets¶
For every subject whose choices are in the dataset Prest can compute, view and export the total number of violations for each of the axioms/criteria of choice consistency that are listed below.
Note
Much of the terminology and notation that follows is introduced and explained in the Datasets and Revealed Preference Relations sections.
Weak Axiom of Revealed Preference - WARP¶
For any two distinct alternatives \(x,y\) in \(X\)
Note
Prest reports two WARP counts for general datasets: WARP (pairs) and WARP (all).
WARP (pairs) is the number of pairs of menus that are implicated in a WARP violation.
WARP (all) is the total number of WARP violations.
For example, the data \(C(\{x,y,z\})=\{x,y\}\) and \(C(\{x,z\})=\{z\}\) is associated with a WARP (pairs) count of 1 and a WARP (all) count of 2, the latter involving alternatives \(x,z\) and \(y,z\), respectively.
Congruence¶
For any two distinct alternatives \(x,y\) in \(X\)
Note
In Prest, Congruence violations of length 2 coincide with the WARP (all) count.
Strict Choice Consistency¶
For any two distinct alternatives \(x,y\) in \(X\)
Strict Binary Choice Consistency¶
For any two distinct alternatives \(x,y\) in \(X\)
Binary Choice Consistency¶
For any two distinct alternatives \(x,y\) in \(X\)
Tip
To use the consistency-analysis feature: right-click on the dataset of interest [e.g. “DatasetX.csv”] in the workspace and select “Analysis -> Consistency analysis”.
To view the consistency-analysis output: right-click on the Prest-generated dataset [“DatasetX.csv (consistency)”] in the workspace and then click on “View”.
To export the consistency-analysis output (in .xslx or .csv format): right-click on the Prest-generated dataset [“DatasetX.csv (consistency)”] in the workspace, click on “Export”, and then select one of the following options:
Summary: lists the total number of violations of each axiom (per subject).
Congruence violations (wide): lists the number of Congruence violations, decomposed by cycle length.
Strict general cycles (wide): lists the number of Strict Choice Consistency violations, decomposed by cycle length.
Strict binary cycles (wide): lists the number of Strict Binary Choice Consistency violations, decomposed by cycle length.
Binary cycles (wide): lists the number of Binary Choice Consistency violations, decomposed by cycle length.
Additional Features: Inconsistent Tuples¶
Inconsistent tuples of alternatives¶
By right-clicking on the dataset and then selecting “Analysis -> Inconsistent tuples of alternatives”, Prest computes and enumerates all distinct pairs, triples, quadruples, …, \(n\)-tuples of alternatives that have led to a Congruence violation, and groups them according to the size of \(n\).
Following the same steps as above, this output can be viewed within Prest or exported to a .csv or .xslx file.
Tip
If the same menu \(A\) appears more than once for the same subject in \(\mathcal{D}\), Prest allows for merging the choices made at this menu in the different observations.
For example, if the dataset \(\mathcal{D}\) is such that \(A_1=A_5=\{w,x,y\}\) and \(C(A_1)=\{x\}\), \(C(A_5)=\{y\}\) for the same subject, then \(\mathcal{D}\) would be altered after the merging operation so that the menu \(A_1=A_5:=A\) appears only once, and with \(C(A)=\{x,y\}\) being the subject’s new choice at this menu.
To use this feature: right-click on the dataset of interest [e.g. “DatasetX.csv”] in the workspace and select “Analysis -> Merge options at the same menu”. The resulting merged dataset appears in the workspace [“DatasetX.csv (merged)”] and can then be analysed separately for consistency analysis or model estimation after the potential “noisiness” of choice data has been accounted for in this way through multi-valued choice.
Remark: If the merging operation is applied on a non-forced-choice dataset where a subject has chosen an alternative from menu \(A\) in one or more instances and has deferred choice/opted for the outside option in at least another, then the merged dataset will feature menu \(A\) appearing twice: one where \(C(A)\) comprises all alternatives in \(A\) that were chosen at least once; and one where \(C(A)=\emptyset\).
An example of a dataset that may help as an illustration for these merging features is available here.
Note
We provide an example general dataset with default alternatives and an example general dataset without default alternatives, that can be analysed for consistency as described above.