modest magnitude and fails to translate into an effect on preference reversal rates in either experiment. We also use …

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 …

The concept of utility is often used in ambiguous ways in economics, from having substantive psychological connotations … conceive of utility. It turns out that empirical evidence does not favor a view of multidimensional utility. This does not … eliminate the possibility to make a normative argument supporting a multidimensional notion of utility. …

consumption,it changes the extra utility from receiving the outcome, and (2) it changes the factor bywhich this extra utility is …

-dimensional decision outcomes, economic theory assumes a uni-dimensional utility measure. This paper reviews evidence from behavioral and … makers' difficulties can be explained once the motivational aspects of utility (wanting) are disentangled from the …

The paper introduces the concept of adjustment utility, that is, referencedependent utility from expectations. It …

of these lotteries for each state. Thus, this paper's main departure from the standard subjective expected utility model … with the behavior observed in the Ellsberg experiment. It can capture the same type of behavior as the multiple priors … utility models and the behavior implied by the multiple priors models. …