Search Results - subject:"Preference Switching"

Preference-Directed Regulation When Ethical Environmental Policy Choices Are Formed With Limited Information

Jeffords, Christopher - Department of Agricultural and Resource Economics, … - 2011

, stakeholders can induce preference switching in favor of or in detriment to a specific policy. This paper documents the extent to … information discrete choice model. The results demonstrate that the extent of preference switching depends not only on the … model, including downward bias in mean utility levels and individual-level preference switching across the limited and full …

Persistent link: https://www.econbiz.de/10010628345

Utility functions and portfolio selection problem

Kopa, Miloš - In: Bulletin of the Czech Econometric Society 10 (2003)

This paper deals with utility functions and their application in stochastic programming. In section 1, classification of utility functions is based on switching between gambles due to changes in wealth with a special focus on zero-switch and one-switch utility functions. All gambles are...

Persistent link: https://www.econbiz.de/10008528816