Results 311 to 320 of about 360,277 (348)

Reference dependence in iterative choices

Organizational Behavior and Human Decision Processes, 2008
Abstract Valuation of goods often proceeds from a series of hypothetical pairwise choices. We examine reference dependence on the outcome of such evaluations in a large-scale study in which respondents make a series of choices between areas that differ on cost of living and the quality of lakes and rivers.
Joel Huber, W Kip Viscusi
exaly   +2 more sources

Reference dependence in the demand for gasoline

Journal of Economic Behavior and Organization, 2022
Matthew S Lewis, Frank A Wolak
exaly   +2 more sources

Learning with misattribution of reference dependence

Journal of Economic Theory, 2022
This paper discusses errors in learning that arise when an agent neglects how the sensation of elation or disappointment relative to expectations contributes to the overall utility, and wrongly attributes this component of the utility to the intrinsic value of an outcome.
Tristan Gagnon-Bartsch, Benjamin Bushong
openaire   +2 more sources

Team Incentives and Reference-Dependent Preferences [PDF]

SSRN Electronic Journal, 2012
We investigate a multi‐agent moral‐hazard model where agents have expectation‐based reference‐dependent preferences à la Kőszegi and Rabin (2006, 2007). We show that even when each agent's probability of success in a project is independent, a principal may employ team incentives.
Kohei Daido, Takeshi Murooka
openaire   +1 more source

Reference dependent ambiguity

Journal of Economic Theory, 2016
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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On Reference Dependent Shortlisting Behavior

The B.E. Journal of Theoretical Economics, 2017
AbstractThis article studies and characterizes a family of reference-dependent choice procedures. The decision maker is assumed to compare alternatives with a reference alternative by a single criterion or multiple criteria. The choice set contains all alternatives passing the threshold (set by the reference alternative) in terms of all criteria ...
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Repeated bargaining with reference-dependent preferences

International Journal of Game Theory, 2010
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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Reference Dependence in Behavioral Portfolio Selection

2022
In this contribution, we address the issue of reference dependence within a behavioral portfolio model defined under Cumulative Prospect Theory. In such a framework, an investor selects the portfolio weights in order to maximize her prospect value, where portfolio returns are measured as deviations from a certain reference point.
Barro, Diana, Corazza, Marco, Nardon, Martina   +2 more
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On reference dependence and complementary symmetry

Journal of Mathematical Psychology, 2022
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Michał Lewandowski, Łukasz Woźny
openaire   +1 more source

Reference-dependent sympathy

Organizational Behavior and Human Decision Processes, 2010
Abstract Natural disasters and other traumatic events often draw a greater charitable response than do ongoing misfortunes, even those that may cause even more widespread misery, such as famine or malaria. Why is the response disproportionate to need?
openaire   +1 more source