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specifically, present-biased preferences. We argue that this result may explain why time valuations based on stated preference (SP …
Persistent link: https://www.econbiz.de/10012507266
A longstanding distinction in psychology is between implicit and explicit preferences. Implicit preferences are ordinarily measured by observing non-choice data, such as response time. In this paper we introduce a method for inferring implicit preferences directly from choices. The necessary...
Persistent link: https://www.econbiz.de/10011415271
How do perceptions of AI versus human authorship affect engagement with creative work? In an incentivized experiment, participants (N=654) assessed the content of a short story labeled as either human or AI-generated and reported their willingness to pay and work to finish reading it. Consistent...
Persistent link: https://www.econbiz.de/10015190587
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incomplete preferences? Using simulated data, we show how such miss-specification results in unnecessary noise and bias in … welfare estimates, and can be avoided. -- Choice experiment ; Ordered Logit ; Bias ; Preference Axioms …
Persistent link: https://www.econbiz.de/10003931382
Individual perceptions of income distribution play a vital role in political economy and public finance models, yet … in the distribution. Furthermore, the data supports the hypothesis that the selection process into the reference groups … consistent information on the own ranking within the income distribution to a randomly selected group of respondents. Confronting …
Persistent link: https://www.econbiz.de/10009306315
below or above average, which is in line with a fairness bias. Finally, subjects not knowing whether their pre-tax income is … ; Entitlements ; Fairness Bias ; Risk ; Framed Tax Experiment …
Persistent link: https://www.econbiz.de/10009665521
Individual perceptions of income distribution play a vital role in political economy and public finance models, yet … systematic biases in individuals' evaluations of their own relative position in the income distribution. The study discusses one … incorporated into the survey, which provided consistent information on the own-ranking within the income distribution to a randomly …
Persistent link: https://www.econbiz.de/10009665926
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