The standard assumption in economic theory is that preferences do not change as a result of experience with the … commodity/service/event. Behavioural scientists have challenged this assumption, claiming that preferences constantly do change … as experience is accumulated. This paper tests the effect of experience with a health-care service on preferences for …

from reference-dependent preferences: The absolute subjective value of a deviation from a reference point is generally …

elicit and contrast patients’ authentic preferences (for five maternity ward attributes) with what care-givers believe them … to be. Conclusion: agents have a biased perception of principals’ preferences, and therefore a complete agency …: Informing the unaware medical care-givers about the patients' preferences, will improve treatment and patients' satisfaction. …

Risk premia in the consumption capital asset pricing model depend on preferences and dividends. We develop a … decomposition which allows for the separate treatment of both components. We show that preferences alone determine the risk …-return trade-off measured by the Sharpe-ratio. In general, the risk-return trade-off implied by preferences depends on the …

assumption of quadratic symmetric preferences, while being congruent with a risk management model. We show how the parameters of …

The standard assumption in economic theory is that preferences are stable. In particular, they are not changed as a … (providing evidence) that preferences are constantly changing when experience is accumulated. This paper tests the effect of … experience on preferences for attributes of health-care events. We are using two very different samples and a methodology that …