Eliciting Welfare Preferences from Behavioral Datasets
AbstractAn individual displays various preference orderings in different payoff-irrelevant circumstances. It is assumed that the variation in the observed preference orderings is the outcome of some cognitive process that distorts the underlying preferences of the individual. We introduce a framework for eliciting the individual's underlying preferences in such cases and then demonstrate it for two cognitive processes--satisficing and small assessment errors. Copyright 2012, Oxford University Press.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by David K. Levine in its series Levine's Working Paper Archive with number 814577000000000374.
Date of creation: 16 Oct 2009
Date of revision:
Contact details of provider:
Web page: http://www.dklevine.com/
Other versions of this item:
- Ariel Rubinstein & Yuval Salant, 2012. "Eliciting Welfare Preferences from Behavioural Data Sets," Review of Economic Studies, Oxford University Press, vol. 79(1), pages 375-387.
- NEP-ALL-2009-10-24 (All new papers)
- NEP-CBE-2009-10-24 (Cognitive & Behavioural Economics)
- NEP-EVO-2009-10-24 (Evolutionary Economics)
- NEP-LTV-2009-10-24 (Unemployment, Inequality & Poverty)
- NEP-UPT-2009-10-24 (Utility Models & Prospect Theory)
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Yusufcan Masatlioglu & Daisuke Nakajima & Erkut Y. Ozbay, 2012.
American Economic Review,
American Economic Association, vol. 102(5), pages 2183-2205, August.
- repec:icr:wpmath:06-2013 is not listed on IDEAS
- Georgios, Gerasimou, 2013.
"A Behavioural Model of Choice in the Presence of Decision Conflict,"
SIRE Discussion Papers
2013-25, Scottish Institute for Research in Economics (SIRE).
- Georgios Gerasimou, 2013. "A Behavioural Model of Choice in the Presence of Decision Conflict," Discussion Paper Series, Department of Economics 201302, Department of Economics, University of St. Andrews.
- FLEURBAEY, Marc & SCHOKKAERT, Erik, .
"Behavioral welfare economics and redistribution,"
CORE Discussion Papers RP
-2485, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Marek Hudík, 2013. "When x Becomes x': Sameness and the Internal Consistency of Choice," ICER Working Papers 02-2013, ICER - International Centre for Economic Research.
- Kikuchi, Kazuya, 2014. "Comparing Preference Orders:Asymptotic Independence," Discussion Papers 2014-06, Graduate School of Economics, Hitotsubashi University.
- Rohan Dutta & Sean Horan, 2013. "Inferring Rationales from Choice : Identification for Rational Shortlist Methods," Cahiers de recherche 09-2013, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
- Schnellenbach, Jan & Schubert, Christian, 2014. "Behavioral public choice: A survey," Freiburg Discussion Papers on Constitutional Economics 14/03, Walter Eucken Institut e.V..
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (David K. Levine).
If references are entirely missing, you can add them using this form.