Results 301 to 310 of about 1,854,346 (342)

Reference Dependence in Intertemporal Preference

Management Science, 2023
Dynamic structures in intertemporal choices offer multiple channels through which reference dependence can occur. We examine intertemporal reference dependence when using choice lists to elicit time preference over outcome sequences. Reference point effects can arise endogenously within an outcome sequence and exogenously from the experimental ...
Zhihua Li, Songfa Zhong
exaly   +3 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

Reference dependent ambiguity

Journal of Economic Theory, 2016
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
openaire   +2 more sources

Team Incentives and Reference-Dependent Preferences [PDF]

open access: possibleSSRN 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

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 ...
openaire   +1 more source

Repeated bargaining with reference-dependent preferences

International Journal of Game Theory, 2010
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
openaire   +2 more sources

Realization Utility with Path-Dependent Reference Points

SIAM Journal on Financial Mathematics, 2021
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Linghui Kong, Cong Qin, Xingye Yue
openaire   +2 more sources

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

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