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.
- Language
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Englisch
- Bibliographic citation
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Series: IZA Discussion Papers ; No. 8579
- Classification
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Wirtschaft
Microeconomic Behavior: Underlying Principles
- Subject
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preference stability
state contingent preferences
artefactual field experiment
- Event
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Geistige Schöpfung
- (who)
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Dasgupta, Utteeyo
Gangadharan, Lata
Maitra, Pushkar
Mani, Subha
- Event
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Veröffentlichung
- (who)
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Institute for the Study of Labor (IZA)
- (where)
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Bonn
- (when)
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2014
- Handle
- Last update
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10.03.2025, 11:43 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Dasgupta, Utteeyo
- Gangadharan, Lata
- Maitra, Pushkar
- Mani, Subha
- Institute for the Study of Labor (IZA)
Time of origin
- 2014