Search Results - subject:"reference state"

The curiously continuing saga of choosing the measure of welfare changes

Knetsch, Jack L. - In: Journal of benefit-cost analysis 6 (2015) 1, pp. 217-225

Persistent link: https://www.econbiz.de/10011332968

Komlos, John - 2014

According to the endowment effect there is some discomfort associated with giving up a good, that is to say, we are willing to give up something only if the price is greater than the price we are willing to pay for it. This implies that the indifference curves should designate a reference point...

Persistent link: https://www.econbiz.de/10010370273

Valuations of changes in risks : the reference state and evidence of differences between the measures

Zong, Jichuan; Knetsch, Jack L. - In: The Singapore economic review : journal of the Economic … 58 (2013) 1, pp. 1-15

Persistent link: https://www.econbiz.de/10009786064

Behavioral Indifference Curves

Komlos, John - 2014

Persistent link: https://www.econbiz.de/10010398565

Behavioral Indifference Curves

Komlos, John - CESifo - 2014

Persistent link: https://www.econbiz.de/10010790168

The influence of priming on reference states

Matthey, Astrid - In: Games 1 (2010) 1, pp. 34-52

reference state she compares it to. According to economic theory, the reference state is determined by past, present and future …

Persistent link: https://www.econbiz.de/10009751388

The influence of priming on reference states

Matthey, Astrid - In: Games 1 (2010) 1, pp. 34-52

reference state she compares it to. According to economic theory, the reference state is determined by past, present and future …

Persistent link: https://www.econbiz.de/10010369360

The Influence of Priming on Reference States

Matthey, Astrid - In: Games 1 (2010) 1, pp. 34-52

reference state she compares it to. According to economic theory, the reference state is determined by past, present and future …

Persistent link: https://www.econbiz.de/10008682983

Manipulating Reference States: the Effect of Attitudes on Utility

Matthey, Astrid - Wirtschaftswissenschaftliche Fakultät, … - 2008

In economic theory, utility depends on past, present and future outcomes. The experiment described in this paper suggests that utility also depends on people's attitudes, and that it can easily be manipulated through these attitudes. The results imply, ?rst, that purely outcome-based models of...

Persistent link: https://www.econbiz.de/10005032029

Don’t aim too high: the potential costs of high aspirations

Matthey, Astrid; Dwenger, Nadja - Sonderforschungsbereich 649: Ökonomisches Risiko, … - 2008

. We use a novel, indirect approach that allows us to infer the determinants of the reference state from observed behavior …, indirect approach that allows us to infer the determinants of the reference state from observed behavior, rather than to rely … on cheap talk. JEL classification: D11, D84, C91 Keywords: aspirations, reference state, expectations, individual utility …

Persistent link: https://www.econbiz.de/10005677970