Arbeitspapier
De Gustibus Non Est Disputandum: An Experimental Investigation
The goal of this paper is to examine stability in preferences using the Stigler-Becker state-dependent framework. Using a randomized intervention that changes the opportunity sets of individuals we construct a unique panel data from an artefactual field experiment and evaluate whether the change in the state space influences our selected indicators of preferences: risk, competitiveness, and confidence. We find that there is considerable heterogeneity of preferences across individuals at a point in time; risk and competitive preferences inter-temporally are consistent with state-dependent preferences, while measures of confidence seem to depend on past experiences.
- Sprache
-
Englisch
- Erschienen in
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Series: IZA Discussion Papers ; No. 8579
- Klassifikation
-
Wirtschaft
Microeconomic Behavior: Underlying Principles
- Thema
-
preference stability
state contingent preferences
artefactual field experiment
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Dasgupta, Utteeyo
Gangadharan, Lata
Maitra, Pushkar
Mani, Subha
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute for the Study of Labor (IZA)
- (wo)
-
Bonn
- (wann)
-
2014
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Dasgupta, Utteeyo
- Gangadharan, Lata
- Maitra, Pushkar
- Mani, Subha
- Institute for the Study of Labor (IZA)
Entstanden
- 2014