I am professor at the Université Libre de Bruxelles and fellow of the European Center for Advanced Research in Economics and Statistics (ECARES). My research interests are revealed preference, choice and demand and theoretical economics.
I am member of the Group for the Advancement of Revealed Preference (GARP). I am also co-PI for the EOS funded research project: "Individual Welfare Analysis based on Behavioral Economics" (IWABE).
Please click here for my cv.
Contact: thomas.demuynck@ulb.ac.be
Publications
Cherchye L. Demuynck T. De Rock B. Kovaleva M. Minne G. De Sola Perea M. and Vermeulen F. (2023), "Poor and wealthy hand-to-mouth households in Belgium," Review of Economics of the Household, forthcoming, Final version
Demuynck T. and Staner C. (2023), "A revealed preference test for Choquet and Max-Min expected utility with ambiguity aversion," American Economic Journal: Microeconomics, forthcoming, Final version
Cherchye L. Demuynck T De Rock B. Lanier J. (2023), “Are consumers rational? Shifting the burden of proof,” Review of Economics and Statistics, forthcoming, Final version
Demuynck T. and Rehbeck J. (2023), "Computing revealed preference goodness-of-fit measures with integer programming," Economic Theory, forthcoming. Published version, Final version
Cherchye L. Demuyck T. De Rock B. and Freer M. (2022), “Revealed Preference Analysis of Expected Utility Maximization under Prize-Probability Trade-Offs,” Journal of Mathematical Economics, 99, 102607, Published version, Final version
Demuynck T. and Salman U. (2022), “On the revealed preference analysis of stable aggregate matchings,” Theoretical Economics, 17, 1651-1682.Published version, Final version
Demuynck T. Seel C. and Tran G. (2022), “An index of competitiveness and cooperativeness for normal-form games,” American Economic Journal: Microeconomics, 14, 215-239. Published version Final version-Supplement
Demuynck T. (2021), “A Markov Chain Monte Carlo procedure to generate revealed preference consistent datasets,” Journal of Mathematical Economics, 97, 102523. Published version, Final version
Demuynck T. and Potoms T. (2020), “Weakening transferable utility: the case of non-intersecting Pareto curves,” Journal of Economic Theory, 188. Published version, Final version
Cherchye L. Demuynck T. De Rock B. and Surana K. (2020), “Revealed preference analysis with normal goods: Application to cost of living indices,” American Economic Journal: Microeconomics, 12, 1–24. Published version, Final version
Cherchye L. Cosaert S. Demuynck T. and De Rock B. (2020), “Group consumption with caring individuals,” Economic Journal, 130, 587–622. Published version, Final version-Supplement
Cherchye L. Demuynck T. and De Rock B. (2019), “Bounding counterfactual demand with unobserved heterogeneity and endogenous expenditures,” Journal of Econometrics, 211, 483–506. Published version, Final version
Demuynck T. Herings J.-J. Saulle R. and Seel C. (2019), “Bertrand compeittion with asymmetric costs: a solution in pure strategies,” Theory and Decision, 87, 147–154. Published version, Final version
Demuynck T. Herings J.-J. Saulle R. and Seel C. (2019), “The myopic stable set for social environments,” Econometrica, 87, 111–138. Published version, Final version-Supplement
Cosaert S and Demuynck T. (2018), “Nonparametric welfare and demand analysis with unobserved individual heterogeneity,” Review of Economics and Statistics, 100, 348–361. Published version, Final version-Supplement
Cherchye L. Demuynck T. and De Rock B. (2018), “Transitivity of preferences: when does it matter?,” Theoretical Economics, 13, 1043–1076. Published version, Final version
Cherchye L. Demuynck T. and De Rock B. (2018), “Normality of demand in a two-goods setting,” Journal of Economic Theory, 173, 361–382. Published version, Final version
Demuynck T and Seel C. (2018), “Revealed preference with limited consideration,” American Economic Journal: Microeconomics, 10, 102–131. Published version, Final version
Demuynck T. (2018), “The homogeneous marginal utility of income assumption,” Econometric Reviews, 37, 1120-1136. Published version, Final version
Cherchye L. Demuynck T. De Rock B. and Vermeulen F. (2017), “Household consumption when the marriage is stable,” American Economic Review, 107, 1507–1534. Published version, Final version
Talla Nobibon F. Cherchye L. Crama Y. Demuynck T. De Rock B. and Spieksma F. (2016), “Revealed preference tests of collectively rational consumption behavior: formulations and algorithms,” Operations Research, 64, 1197–1216. Published version, Final version
Demuynck T. De Rock B. and Ginsburgh V. (2016), “The transfer paradox in Welfare space,” Journal of Mathematical Economics, 62, 01-04. Published version, Final version
Demuynck T. (2015), “Bounding average treatment effects: a linear programming approach,” Economics Letters, 137, 75–77. Published version, Final version
Demuynck T. (2015), “Statistical inference for measures of predictive success,” Theory and Decision, 79, 689–699. Published version, Final version
Cherchye L. Demuynck T. Hjertstrand P. and De Rock B. (2015), “Revealed preference tests for weak separability: an integer programming approach,” Journal of Econometrics, 186, 129–141. Published version, Final version
Cosaert S. and Demuynck T. (2015), “Revealed preference theory for finite choice sets,” Economic Theory, 59, 169–200. Published version, Final version
Cherchye L. Demuynck T. and De Rock B. (2015), “Is utility transferable? A revealed preference analysis,” Theoretical Economics, 10, 51–65. Published version, Final version
Demuynck T. (2014), “The computational complexity of rationalizing Pareto optimal choice behavior,” Social Choice and Welfare, 42, 529–549. Published version, Final version
Cherchye L. Demuynck T. and De Rock B. (2014), “Revealed preference analysis for convex rationalizations on nonlinear budget sets,” Journal of Economic Theory, 152, 224–236. Published version, Final version
Cherchye L. Demuynck T. De Rock B. and De Witte K. (2014), “Nonparametric analysis of multi output production with joint inputs,” Economic Journal, 124, 735–775. Published version, Final version
Demuynck T. (2013), “A mechanism for eliciting the mean and quantiles of a random variable,” Economics Letters, 121, 121–123. Published version, Final version
Cherchye L. Demuynck T. and De Rock B. (2013), “The empirical content of Cournot competition,” Journal of Economic Theory, 148, 1552–1581. Published version, Final version
Demuynck T. and Verriest E. (2013), “I’ll never forget my first cigarette: A revealed preference analysis of the habits as durables model,” International Economic Review, 54, 717–738. Published version, Final version
Cherchye L. Demuynck T. and De Rock B. (2013), “Nash bargained consumption decisions: a revealed preference analysis,” Economic Journal, 123, 195–235. Published version, Final version
Demuynck T. and Vandenbossche J. (2013), “Network formation with heterogeneous agents and absolute friction,” Computational Economics, 42, 23–45. Published version, Final version
Demuynck T. and Van de gaer D. (2012), “Inequality adjusted income growth,” Economica, 79, 747–765. Published version, Final version
Demuynck T. (2012), “An (almost) unbiased estimator for the S-Gini index,” Journal of Economic Inequality, 10, 109–126. Published version
Cherchye L. Demuynck T. and De Rock B. (2011), “Revealed preference analysis of noncooperative household consumption,” Economic Journal, 121, 1073–1096. Published version, Final version
Demuynck T. (2011), “The computational complexity of rationalizing boundedly rational choice behavior,” Journal of Mathematical Economics, 47, 425–433. Published version, Final version
Cherchye L. Demuynck T. and De Rock B. (2011), “Testable implications of general equilibrium models: an integer programming approach,” Journal of Mathematical Economics, 47, 564–575. Published version, Final version
Demuynck T. (2009), “A general extension result with applications to convexity homotheticity and monotonicity,” Mathematical Social Sciences, 57, 96–109. Published version, Final version
Demuynck T. and Lauwers L. (2009), “Nash rationalization of collective choice over lotteries,” Mathematical Social Sciences, 57, 01-15. Published version, Final version
Demuynck T. (2009), “Absolute and relative time-consistent revealed preferences,” Theory and Decision, 66, 283-299. Published version, Final version
Book Chapters
Demuynck T. and Hjertstrand P. (2019), “Samuelson’s approach to Revealed Preference Theory: Some recent advances,” in: Paul Samuelson: Master of Modern Economics Eds: R. A. Cord R. G. Anderson and W. A. Barnett, Palgrave MacMillan, p.193-228
Selected Working Papers
Demuynck T. and Potoms T. (2022), “Testing revealed preference models with unobserved randomness: a column generation approach,” Ecares working paper, 2022-42. Working paper
Browning M. Cherchye L. Demuynck T. De Rock B. and Vermeulen F. (2021), “Stable marriages household consumption and unobserved match quality,” Ecares Working Paper, 2021-15. Working paper
Cherchye L. Demuynck T. De Rock B and Verschelde M",. (2017), “Nonparametric production analysis with unobserved technological heterogeneity,” NBB working paper, 335. Working paper
Teaching
Currently, I'm teaching the following courses
MATH-S201: Mathématique: fonctions de plusieurs variables (Undergrad level)
MATH-S400: mathematics and Economic Modelling (Master level)
MATH-S401: dynamic optimization (Master level)