Arbeitspapier
Testing the Reference-Dependent Model: A Laboratory Search Experiment
Our paper conducts laboratory experiments with the sequential search model to test whether participants engage in search activities in line with theoretical predictions derived from the expected utility model or the reference-dependent model, without assuming any specific formulation rule for a reference point. Our experimental results showed that the participants' search behavior did not align with the reference-dependent model. In addition, the correlation between individual preferences and search behavior reinforced our experimental results; that is, loss aversions were not significantly correlated with search behavior.
- Sprache
-
Englisch
- Erschienen in
-
Series: IZA Discussion Papers ; No. 12378
- Klassifikation
-
Wirtschaft
Criteria for Decision-Making under Risk and Uncertainty
Search; Learning; Information and Knowledge; Communication; Belief; Unawareness
- Thema
-
sequential search
loss aversion
risk preference
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Miura, Takahiro
Inukai, Keigo
Sasaki, Masaru
- Ereignis
-
Veröffentlichung
- (wer)
-
Institute of Labor Economics (IZA)
- (wo)
-
Bonn
- (wann)
-
2019
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Miura, Takahiro
- Inukai, Keigo
- Sasaki, Masaru
- Institute of Labor Economics (IZA)
Entstanden
- 2019
Ähnliche Objekte (12)
Automated Testing Laboratory for Embedded Linux Distributions
Reference-Dependent Preferences : Models and Experiments
Reference-Dependent Bidding in Dynamic Auctions
Poverty, vulnerability, and reference dependent utility
Organizational Change and Reference-Dependent Preferences
Price Expectations and Reference-Dependent Preferences
Soul Research Laboratory - IV. Search and Hide
Cerchar abrasivity test – laboratory testing and numerical simulation
Prenatal testing for imprinting disorders : A laboratory perspective
Cerchar abrasivity test - laboratory testing and numerical simulation
Consumer search and stock-out: A laboratory experiment
Reference dependent preferences in multi-issue bargaining
Automated Testing Laboratory for Embedded Linux Distributions
Reference-Dependent Preferences : Models and Experiments
Reference-Dependent Bidding in Dynamic Auctions
Poverty, vulnerability, and reference dependent utility
Organizational Change and Reference-Dependent Preferences
Price Expectations and Reference-Dependent Preferences
Soul Research Laboratory - IV. Search and Hide
Cerchar abrasivity test – laboratory testing and numerical simulation
Prenatal testing for imprinting disorders : A laboratory perspective
Cerchar abrasivity test - laboratory testing and numerical simulation
Consumer search and stock-out: A laboratory experiment
Reference dependent preferences in multi-issue bargaining
Automated Testing Laboratory for Embedded Linux Distributions
Reference-Dependent Preferences : Models and Experiments
Reference-Dependent Bidding in Dynamic Auctions
Poverty, vulnerability, and reference dependent utility
Organizational Change and Reference-Dependent Preferences
Price Expectations and Reference-Dependent Preferences
Soul Research Laboratory - IV. Search and Hide
Cerchar abrasivity test – laboratory testing and numerical simulation
Prenatal testing for imprinting disorders : A laboratory perspective
Cerchar abrasivity test - laboratory testing and numerical simulation
Consumer search and stock-out: A laboratory experiment