agent can be rationalised by a discounted utility function? We develop an axiomatic characterisation of time-preference with …

This paper is concerned with the axiomatic foundation of the revealed preference theory. Many well-known results in …

preference formation and preference change. In our model, an agent's preferences are based on certain motivationally …

-selves framework. Self control refers to resources allocated to preference transformation technology enabling consumers to moderate …

It is well-known that subjects can exhibit a preference for increasing payments. Smith (2009a) makes a related … prediction that the difference between the preference increasing wage payments and the preference for increasing non … experiments, we find that the preference for increasing payments is increasing in the size of the payments. Also consistent with …

In this article, we study the axiomatic foundations of revealed preference theory. Let P denote the strict and R the … weak revealed preference, respectively. The purpose of the paper is to show that weak, strong, and Hansson's axioms of … revealed preference can be given as identities using the generated choices with respect to P and R in terms of maximality and …

in choosing from them. We take as a primitive a preference relation over lotteries of menus and impose novel axioms that … allow us to separately identify the genuine preference over the content of menus, and the cost of choosing from them. Using …. We represent such preference as the difference between a monotone and affine evaluation of the content of the set and an …