Eliciting Welfare Preferences from Behavioural Data Sets

S-Tier
Journal: Review of Economic Studies
Year: 2012
Volume: 79
Issue: 1
Pages: 375-387

Authors (2)

Ariel Rubinstein (Tel Aviv University) Yuval Salant (not in RePEc)

Score contribution per author:

4.022 = (α=2.01 / 2 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

An individual displays various preference orderings in different payoff-irrelevant circumstances. It is assumed that the variation in the observed preference orderings is the outcome of some cognitive process that distorts the underlying preferences of the individual. We introduce a framework for eliciting the individual's underlying preferences in such cases and then demonstrate it for two cognitive processes--satisficing and small assessment errors. Copyright 2012, Oxford University Press.

Technical Details

RePEc Handle
repec:oup:restud:v:79:y:2012:i:1:p:375-387
Journal Field
General
Author Count
2
Added to Database
2026-01-29