Search Results - subject:"Preference reversals"

Eliciting discount functions when baseline consumption changes over time

Gerber, Anke; Rohde, Kirsten I. M. - In: Journal of economic behavior & organization : JEBO 116 (2015), pp. 56-64

Persistent link: https://www.econbiz.de/10011567819

Framing effects in intertemporal choice tasks and financial implications

Breuer, Wolfgang; Soypak, Kalender Can - In: Journal of economic psychology : research in economic … 51 (2015), pp. 152-167

Persistent link: https://www.econbiz.de/10011506889

A Dual Process Evaluability Framework for decision anomalies

Schneider, Mark; Coulter, Robin A. - In: Journal of economic psychology : research in economic … 51 (2015), pp. 183-198

Persistent link: https://www.econbiz.de/10011506896

Choice for goods under threat of destruction

Messer, Kent D.; Borchers, Allison M. - In: Economics letters 135 (2015), pp. 137-140

Persistent link: https://www.econbiz.de/10011435658

Response mode and stochastic choice together explain preference reversals

Collins, Sean M.; James, Duncan - In: Quantitative economics : QE ; journal of the … 6 (2015) 3, pp. 825-856

Persistent link: https://www.econbiz.de/10011440718

Decision-making in Home-grown Value Auctions under Induced Mood States

Drichoutis, Andreas C.; Rodolfo M. Nayga Jr.; Klonaris, … - In: Studies in Microeconomics 2 (2014) 2, pp. 141-163

€™ rationality (in the form of preference reversals) and on bidding behaviour in home-grown value auctions. We find that mood states … can significantly affect the rate of preference reversals and bidding behaviour in experimental auction valuation …. Specifically we find that subjects under a positive mood state exhibit more rational behaviour (i.e., less preference reversals …

Persistent link: https://www.econbiz.de/10011137854

Decision-making in home-grown value auctions under induced mood states

Drichoutis, Andreas C.; Nayga, Rodolfo M. <Jr.>; … - In: Studies in microeconomics 2 (2014) 2, pp. 141-163

Persistent link: https://www.econbiz.de/10011900879

The effects of losses and event splitting on the Allais paradox

Weber, Bethany - In: Judgment and Decision Making 2 (2007) April, pp. 115-125

The Allais Paradox, or common consequence effect, has been a standard challenge to normative theories of risky choice since its proposal over 60 years ago. However, neither its causes nor the conditions necessary to create the effect are well understood. Two experiments test the effects of...

Persistent link: https://www.econbiz.de/10005773074

The arguments of utility: Preference reversals in expected utility of income models

Lindsay, Luke - In: Journal of Risk and Uncertainty 46 (2013) 2, pp. 175-189

of income models can predict framing induced preference reversals, a willingness to pay-willingness to accept gap for … lotteries, and choice-value preference reversals. The main contribution is a theorem. It is proved that for all utility … functions where initial wealth and income enter separately, either there will be preference reversals or preferences can be …

Persistent link: https://www.econbiz.de/10010863429

Testing the rate of preference reversal in personal and social decision-making

Oliver, Adam - In: Journal of Health Economics 32 (2013) 6, pp. 1250-1257

Classic preference reversal, where choice and valuation procedures generate inconsistent preference orderings, has rarely been tested in hypothetical health care treatment scenarios. Two studies – the first non-incentivised and the second incentivised – are reported in this article. In both...

Persistent link: https://www.econbiz.de/10010870770