UNDERSTANDING PREFERENCE IMPRECISION

C-Tier
Journal: Journal of Economic Surveys
Year: 2020
Volume: 34
Issue: 1
Pages: 154-174

Authors (2)

Oben K. Bayrak (not in RePEc) John D. Hey (University of York)

Score contribution per author:

0.503 = (α=2.01 / 2 authors) × 0.5x C-tier

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

Abstract

The term ‘preference imprecision’ seems to have different meanings to different people. In the literature, one can find references to a number of expressions. For example: vagueness, incompleteness, randomness, unsureness, indecisiveness and thick indifference curves. Some of these are theoretical constructs, some are empirical. The purpose of this paper is to survey the various different approaches and to try to link them together: to see if they are all addressed to the same issue, and to come to some conclusions. In the course of this survey, we report on evidence concerning the existence of preference imprecision, and its impact on theoretical and empirical work.

Technical Details

RePEc Handle
repec:bla:jecsur:v:34:y:2020:i:1:p:154-174
Journal Field
General
Author Count
2
Added to Database
2026-02-02