Results 1 to 10 of about 360,277 (348)
The reference dependence roots of inaction inertia: A query theory account. [PDF]
PLoS ONE, 2023 Inaction inertia is the tendency to forego an opportunity after missing a significantly better opportunity. We show that inaction inertia is rooted in reference dependence.
Ruth Pogacar +4 more
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Reference Dependence in Bayesian Reasoning: Value Selection Bias, Congruence Effects, and Response Prompt Sensitivity [PDF]
Frontiers in Psychology, 2022 This work examines the influence of reference dependence, including value selection bias and congruence effects, on diagnostic reasoning. Across two studies, we explored how dependence on the initial problem structure influences the ability to solve ...
Alaina Talboy +2 more
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The Loss-Averse Newsvendor Problem with Random Yield and Reference Dependence
Mathematics, 2020 This paper studies a loss-averse newsvendor problem with reference dependence, where both demand and yield rate are stochastic. We obtain the loss-averse newsvendor’s optimal ordering policy and analyze the effects of loss aversion, reference dependence,
Wei Liu +4 more
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Household Portfolio Choice, Reference Dependence, and the Marriage Market [PDF]
, 2017 This paper bridges the financial market and the marriage market using a reference-dependent mechanism. Male-biased sex ratios induce families with sons to hold more risky assets, since competitive marital payment in a tight market raises the reference ...
Wenchao Li +3 more
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Reference frame dependence of the periodically oscillating Coulomb field in the Proca theory
Nuclear Physics BThe Proca theory of the real massive vector field admits non-equilibrium solutions, where the asymptotic dynamics of the electric field is dominated by the periodically oscillating Coulomb component.
Bogdan Damski
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Propranolol reduces reference-dependence in intertemporal choice [PDF]
Soc Cogn Affect Neurosci, 2017 Karolina M. Lempert +4 more
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Reference Dependence in Stochastic Choice
SSRN Electronic Journal, 2015 While reference dependence has been widely observed in a deterministic choice setting, little is known about the nature of reference dependence in stochastic choice. We study stochastic choice in the setting of the elicitation of certainty equivalents where subjects often exhibit multiple-switching behavior when choosing between a lottery and a range ...
Soo Hong Chew, Qiang Shen, Songfa Zhong
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Reference dependence, cooperation, and coordination in games [PDF]
Judgment and Decision Making, 2015 The problems of how self-interested players can cooperate despite incentives to defect, and how players can coordinate despite the presence of multiple equilibria, are among the oldest and most fundamental in game theory.
Mark Schneider, Jonathan W. Leland
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A theory of reference-dependent behavior [PDF]
Economic Theory, 2007 There is extensive field and experimental evidence in a wide variety of environments showing that behavior depends on a reference point. This paper provides an axiomatic characterization for such behavior. Our approach is dual, we study choice behavior and preference relations.
Jose Apesteguia, Miguel A. Ballester
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Reference dependence and random attention
Journal of Economic Behavior & Organization, 2023 We explore the ways that a reference point may direct attention. Utilizing a stochastic choice framework, we provide behavioral foundations for the Reference-Dependent Random Attention Model (RD-RAM). Our characterization result shows that preferences may be uniquely identified even when the attention process depends arbitrarily on both the menu and ...
Kovach, Matthew, Suleymanov, Elchin
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