Search Results - subject:"Preference reversals"

Temptation, Welfare and Revealed Preference

Noor, Jawwad - EconWPA - 2005

introduced. Motivated by the evidence on preference reversals, it is hypothesized that delayed temptations are easier to resist …

Persistent link: https://www.econbiz.de/10005413275

Measurement of preferences and the economic importance of preference reversals

Gigliotti, Gary Anthony; Sopher, Barry - 1992

The empirical observation of preference reversals has been viewed as a fundamental challenge to economic theory, though … frequency of preference reversals decrease over time when subjects are given feedback concerning the monetary consequences to … them of committing a reversal. This reduction in preference reversals is a result of convergence over time of two measures …

Persistent link: https://www.econbiz.de/10011577276

Incentives and preference reversals: escape moves and community decisions in experimental economics

Tammi, Timo - In: Journal of Economic Methodology 6 (1999) 3, pp. 351-380

This article examines the debate on the influence of incentives on the occurrence of the so-called preference reversal phenomenon. Firstly, the participants' views on the issue and the main shifts in the debate are identified. Secondly, the statements of views and the shifts in the debate are...

Persistent link: https://www.econbiz.de/10009215350

Goal-Based Construction of Preferences: Task Goals and the Prominence Effect

Fischer, Gregory W.; Carmon, Ziv; Ariely, Dan; … - In: Management Science 45 (1999) 8, pp. 1057-1075

Preferences inferred from choice are more likely to favor the alternative that is superior with respect to the prominent (most important or salient) attribute than are preferences inferred from matching (direct tradeoff) judgments. This prominence effect violates standard models of rational...

Persistent link: https://www.econbiz.de/10009198176

Measurement of Preferences and the Economic Importance of Preference Reversals

Gigliotti, Gary; Sopher, Barry - Department of Economics, Rutgers University-New Brunswick - 1998

Persistent link: https://www.econbiz.de/10005839104