Okay, yeah, using the revealed preference framework doesn’t inherently lead to not being able to differentiate between equilibrium. In my head, I was comparing seeing the “true payoff matrix” to a revealed preference investigation, when I should have been comparing it to “ask people what the payoff matrix looks like”.
There still come to find several counterproductive whys I can imagine someone claiming, “People don’t actually care about X”, but I no longer think that’s specifically a problem of the revealed preference frame.
Okay, yeah, using the revealed preference framework doesn’t inherently lead to not being able to differentiate between equilibrium. In my head, I was comparing seeing the “true payoff matrix” to a revealed preference investigation, when I should have been comparing it to “ask people what the payoff matrix looks like”.
There still come to find several counterproductive whys I can imagine someone claiming, “People don’t actually care about X”, but I no longer think that’s specifically a problem of the revealed preference frame.