We introduce a new class of preferences — which we call additive-belief-based (ABB) —that captures a general and yet tractable approach to belief-based utility, and that encompasses many popular models in the behavioral literature. We show that the general class of ABB preferences and two...

We report on two novel choice experiments with real goods where subjects in one treatment are forced to choose, as is the norm in economic experiments, while in the other they are not but can instead incur a small cost to defer choice. Using a variety of measures, we find that the active choices...

Pastoralists are generally known for carefully selecting and maintaining their livestock. In this study, we examine the preferences of pastoralists for goal traits. We employ all-levels and end-point discrete choice experiments to investigate the relative weights pastoralists in Southern...