But because of explicit preference in decision-making process of public budget, the existing mechanism of public choice cannot automatically achieve an adequate investment into innovation or an innovation-oriented resource allocation.

Lastly,the nested Logit model was calibrated by maximum likelihood method based on data from a revealed preference survey conducted in the suburb of Shanghai,and usages of various travel modes with and without IMTIS were respectively counted out and contrasted.

A bounded rationality revealed preference and satisfying decision analysis

One of the core concepts is that, the decision preferences can be devided into internal preferences and revealed preferences, in which, the revealed preference is an important indicator for evaluating and measuring the intrinsic rationality.

A Study of Mechanism of Showing Preference for Effective Supply of Urban Public Goods;

In the first year after entering WTO, domestic automobile sales are on the rise, the reasons of which lie in the combination of weak Axiom of Revealed Preference, substitution effect and income effect.