Etymology

revealed preference

Today it means: A consumer preference as inferred from purchasing habits according to a theory invented by American economist Paul A. Samuelson. Full definition →

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The story

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.

Etymology from Wiktionary, CC BY-SA 4.0.