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Gill and Prowse (2012) conduct an experiment where an agent who is loss averse around her endogenous choice-acclimating expectations-based reference point is predicted to decrease effort with her rival’s effort (a “discouragement effect”). We adapt their human-human to a human-robot...
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Are subjective well-being (SWB) measures a good empirical proxy for utility? We evaluate one necessary assumption: that people's preferences coincide with what they predict will maximize their SWB. Our method is to present survey respondents with hypothetical scenarios and elicit both choice and...
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Are subjective well-being (SWB) measures a good empirical proxy for utility? We evaluate one necessary assumption: that people's preferences coincide with what they predict will maximize their SWB. Our method is to present survey respondents with hypothetical scenarios and elicit both choice and...
Persistent link: https://www.econbiz.de/10012462168