Showing 1 - 8 of 8
We provide characterizations of preferences representable by a Cobb-Douglas utility function. …
Persistent link: https://www.econbiz.de/10010281260
In most economics textbooks there is a gap between the non-existence of utility functions and the existence of continuous utility functions, although upper semi-continuity is sufficient for many purposes. Starting from a simple constructive approach for countable domains and combining this with...
Persistent link: https://www.econbiz.de/10010281322
experimentally elicited preferences for risk and giving. Using standard methods from behavior genetics, we find strong prima facie … evidence that these preferences are broadly heritable and our estimates suggest that genetic differences explain approximately … preferences, a source which has hitherto largely been neglected in the economics literature. …
Persistent link: https://www.econbiz.de/10010281464
labeling of strategies. Usually these studies cannot tell whether frames affect preferences or beliefs. In this Dictator game … which case the frame may only affect preferences. We find that behavior is insensitive to social framing. …
Persistent link: https://www.econbiz.de/10010286337
In most economics textbooks there is a gap between the non-existence of utility functions and the existence of continuous utility functions, although upper semi-continuity is sufficient for many purposes. Starting from a simple constructive approach for countable domains and combining this with...
Persistent link: https://www.econbiz.de/10005207183
labeling of strategies. Usually these studies cannot tell whether frames affect preferences or beliefs. In this Dictator game … which case the frame may only affect preferences. We find that behavior is insensitive to social framing. …
Persistent link: https://www.econbiz.de/10009323350
experimentally elicited preferences for risk and giving. Using standard methods from behavior genetics, we find strong prima facie … evidence that these preferences are broadly heritable and our estimates suggest that genetic differences explain approximately … preferences, a source which has hitherto largely been neglected in the economics literature. …
Persistent link: https://www.econbiz.de/10005190832
We provide characterizations of preferences representable by a Cobb-Douglas utility function. …
Persistent link: https://www.econbiz.de/10005423890