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Economics, Psychology and the History of Consumer Choice Theory
Hands, D. Wade - 2016
This paper examines elements of the complex place/role/influence of psychology in the history of consumer choice theory …. The paper reviews, and then challenges, the standard narrative that psychology was "in" consumer choice theory early in … between psychology and consumer choice theory. It concludes by discussing some of the implications of this complex history …
Persistent link: https://www.econbiz.de/10014050403
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Sharing rule identification for general collective consumption models
Cherchye, Laurens; Rock, Bram de; Lewbel, Arthur; … - In: Econometrica : journal of the Econometric Society, an … 83 (2015) 5, pp. 2001-2041
Persistent link: https://www.econbiz.de/10011417089
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Stated and revealed heterogeneous risk preferences in educational choice
Fossen, Frank M.; Glocker, Daniela - 2014
Stated survey measures of risk preferences are increasingly being used in the literature, and they have been compared to revealed risk aversion primarily by means of experiments such as lottery choice tasks. In this paper, we investigate educational choice, which involves the comparison of risky...
Persistent link: https://www.econbiz.de/10010238829
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Stated and revealed heterogeneous risk preferences in educational choice
Fossen, Frank M.; Glocker, Daniela - 2014
Stated survey measures of risk preferences are increasingly being used in the literature, and they have been compared to revealed risk aversion primarily by means of experiments such as lottery choice tasks. In this paper, we investigate educational choice, which involves the comparison of risky...
Persistent link: https://www.econbiz.de/10010245919
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Stated and revealed heterogeneous risk preferences in educational choice
Fossen, Frank M.; Glocker, Daniela - 2014
Stated survey measures of risk preferences are increasingly being used in the literature, and they have been compared to revealed risk aversion primarily by means of experiments such as lottery choice tasks. In this paper, we investigate educational choice, which involves the comparison of risky...
Persistent link: https://www.econbiz.de/10010249634
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Stated and revealed heterogeneous risk preferences in educational choice
Fossen, Frank M.; Glocker, Daniela - 2014
Stated survey measures of risk preferences are increasingly being used in the literature, and they have been compared to revealed risk aversion primarily by means of experiments such as lottery choice tasks. In this paper, we investigate educational choice, which involves the comparison of risky...
Persistent link: https://www.econbiz.de/10010252034
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Introduction: methodologies of bounded rationality
Grüne-Yanoff, Till; Marchionni, Caterina; Moscati, Ivan - In: The journal of economic methodology 21 (2014) 4, pp. 325-342
Persistent link: https://www.econbiz.de/10010485895
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Using revealed preferences to estimate the value of travel time to recreation sites
Fezzi, Carlo; Bateman, Ian; Ferrini, Silvia - 2012
The opportunity Value of Travel Time (VTT) is one of the most important parts of the total cost of recreation day-trips and arguably the most difficult to estimate. Most studies build upon the theoretical framework proposed by Becker's (1965) by using a combination of revealed and stated...
Persistent link: https://www.econbiz.de/10009611637
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Revealed preferences and spatial segregation
Busson, Henri - 2015
utility functions, this model applies the revealed preference theory. In his original paper, Turnbull established several … simple because we demonstrated that the GARP axiom used in the revealed preference theory is equivalent to a simple equation …
Persistent link: https://www.econbiz.de/10011478826
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Combining stated and revealed preferences for valuing organic chicken meat
Gschwandtner, Adelina; Ribeiro, Jose Eduardo; Revoredo … - 2021
The present paper uses a jont stated preference (SP) and revealed preference (RP) model in order to estimate the willingness to pay (WTP) for the organic attribute among other key environmental attributes in chicken meat. The stated preference model is based on the respondent's choice from...
Persistent link: https://www.econbiz.de/10012796557