Results 281 to 290 of about 256,532 (315)

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-Dependent Preferences and Overbidding in Private and Common Value Auctions

, 2020
This paper proposes a model of reference dependent preferences to explain overbidding in private and common value auctions. It is assumed that the reference point is proportional to the value of the object and that losses are weighed more heavily than ...
M. Runco
semanticscholar   +2 more sources

Opportunistic Authoritarians, Reference-Dependent Preferences, and Democratic Backsliding

Social Science Research Network, 2019
We propose a theory of democratic backsliding where citizens retrospective assessment of politicians depend on expectations that are endogenous to the incumbent behavior.
E. Grillo, Carlo G. Prato
semanticscholar   +1 more source

A Test of the Theory of Reference-Dependent Preferences

The Quarterly Journal of Economics, 1997
Eight alternative methods of eliciting preferences between money and a consumption good are identified: two of these are standard willingness-to-accept and willingness-to-pay measures. These methods differ with respect to the reference point used and the dimension in which responses are expressed.
Bateman, I. J., Munro, A., Rhodes, B., Starmer, C., Sugden, R.   +4 more
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A Contest Model With Reference-Dependent Preferences

SSRN Electronic Journal, 2020
This paper introduces a two-stage winner-take-all contest model with reference-dependent preferences to study the determinants of conflict and its intensity. The existence of a Sub-game Perfect Nash equilibrium in pure strategies and characterization of the equilibrium are shown.
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Comparative Risk Sensitivity with Reference-Dependent Preferences

Journal of Risk and Uncertainty, 2002
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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Reference-Dependent Preferences and Charitable Giving

SSRN Electronic Journal, 2014
Previous studies on charitable giving usually estimate the effect of tax price and income on charitable giving. In this paper, I find a new behavioral response of individuals to their income changes. Specifically, I introduce a model of charitable giving with reference-dependent preferences of individuals.
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Markets and Reference Dependent Preferences

2009
The previous chapter discussed the impact of markets on anomalies. This chapter reverses the direction of causation. In particular I offer three examples of how reference-dependent preferences may be expected to affect market outcomes. The first example focuses on the single, competitive market; the second example explores monopolistic competition ...
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Reference-Dependent Preferences in Flat Penalty Service-Level Contracts

Social Science Research Network, 2023
J. B. Duhaylongsod, Felix Papier, Ayse Onculer   +2 more
semanticscholar   +1 more source

Reference-Dependent Preferences and Mutual Fund Flows

SSRN Electronic Journal, 2019
Despite the ability to explain many puzzling phenomena in financial markets, direct tests of reference-dependent preferences of Kahneman and Tversky (1979, 1992) have mainly been conducted in experimental settings. We propose a novel test based on revealed preferences of real-world investors.
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