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Preferences: Neither Behavioural nor Mental

Listed author(s):
  • Francesco GUALA

    ()

Recent debates on the nature of preferences in economics have typically assumed that they are to be interpreted either as behavioural regularities or as mental states. In this paper I challenge this dichotomy and argue that neither interpretation is consistent with scientific practice in choice theory and behavioural economics. Preferences are dispositions with a multiply realizable causal basis, which explains why economists are reluctant to make a commitment about their interpretation.

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File URL: http://wp.demm.unimi.it/files/wp/2017/DEMM-2017_05wp.pdf
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Paper provided by Department of Economics, Management and Quantitative Methods at Università degli Studi di Milano in its series Departmental Working Papers with number 2017-05.

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Date of creation: 17 Feb 2017
Handle: RePEc:mil:wpdepa:2017-05
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