in order to specify the shape of utility function with preference externalities. Theoretical studies on social preference … driven by differences in income levels, age, and gender. -- Social preference ; Relative utility ; Stated preferences …

in order to specify the shape of utility function with preference externalities. Theoretical studies on social preference …

durable goods. We show that consumers' utility and discount functions in a dynamic discrete choice model are jointly … identified using data generated by this specific design. In contrast, based on revealed preference data, the utility and discount …

We introduce a novel and convenient approach to utility modeling. In doing so, we present a general utility function in … a very simple exact form. Furthermore, we develop a method to (accurately) measure preferences without any utility data …. We also devise a method to measure the marginal utility. Moreover, we express the price as an explicit and simple …