In economic theory, utility depends on past, present and future outcomes. The experiment described in this paper … suggests that utility also depends on people's attitudes, and that it can easily be manipulated through these attitudes. The … results imply, first, that purely outcome-based models of individual utility may be incomplete. Second, that reference …

Experimental and empirical evidence shows that the utility an individual derives from a certain state depends on the … outcomes of either the individual herself or her reference group. The experiment described in this paper suggests that, in … reference states - and hence utility - can relatively easily be influenced without changing people’s outcomes, e.g., through …

Experimental and empirical evidence shows that the utility an individual derives from a certain state depends on the … outcomes of either the individual herself or her reference group. The experiment described in this paper suggests that, in … reference states - and hence utility - can relatively easily be influenced without changing people's outcomes, e.g., through …

Experimental and empirical evidence shows that the utility an individual derives from a certain state depends on the … outcomes of either the individual herself or her reference group. The experiment described in this paper suggests that, in … reference states - and hence utility - can relatively easily be influenced without changing people’s outcomes, e.g., through …

tradeoff between profit maximization (market norm) and workers' welfare (social norm). We use priming to manipulate the cues …

actions, for Hindu and Muslim subjects. Priming has little effect on Hindu subjects but it enhances religious polarization in … underlying assumptions on beliefs, and their dependence on priming and identity are confirmed by the data, identifying a precise …

This paper examines the effects of alternative assumptions regarding the curvature of utility upon estimated discount … the Holt and Laury method for risk. The results demonstrate that utility elicited directly from choice over time is … significantly concave, but far closer to linear than utility elicited under risk. As a result, the effect of adjusting discount …

prices can be measured through the context of the indirect utility function (IUF) using a lab experiment. First, the paper … in the mainstream of experimental economics. Indeed, the DT in modern microeconomics indicates that the direct utility … experiment using a series of relevant statistical tests. This study uses the multiple price list (MPL) method, which has been one …

almost half of our subjects. Among those, roughly 24%are rational expected utility maximizers, 24% make occasional mistakes …

utility. …