Decisions with Endogenous Preference Parameters (Replaced by CentER DP 2010-142)
AbstractWe relate the normative implications of a model of decision-making with endogenous preference parameters to choice theoretic models (Bernheim and Rangel 2007, 2009; Rubinstein and Salant, 2008) in which observed choices are determined by frames or ancillary conditions.
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Bibliographic InfoPaper provided by Tilburg University, Center for Economic Research in its series Discussion Paper with number 2010-21.
Date of creation: 2010
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Web page: http://center.uvt.nl
Decisions; choice; frames; standard; behavioral; welfare;
Find related papers by JEL classification:
- D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
- D62 - Microeconomics - - Welfare Economics - - - Externalities
- C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
- I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-05-02 (All new papers)
- NEP-CBE-2010-05-02 (Cognitive & Behavioural Economics)
- NEP-EVO-2010-05-02 (Evolutionary Economics)
- NEP-UPT-2010-05-02 (Utility Models & Prospect Theory)
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