Economic Preferences or Attitude Expressions?: An Analysis of Dollar Responses to Public Issues.

B-Tier
Journal: Journal of Risk and Uncertainty
Year: 1999
Volume: 19
Issue: 1-3
Pages: 203-35

Authors (3)

Kahneman, Daniel Ritov, Ilana (not in RePEc) Schkade, David A (not in RePEc)

Score contribution per author:

0.670 = (α=2.01 / 3 authors) × 1.0x B-tier

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

Abstract

Participants in contingent valuation surveys and jurors setting punitive damages in civil trials provide answers denominated in dollars. These answers are better understood as expressions of attitudes than as indications of economic preferences. Well-established characteristics of attitudes and of the core process of affective valuation explain several robust features of dollar responses: high correlations with other measures of attractiveness or aversiveness, insensitivity to scope, preference reversals, and the high variability of dollar responses relative to other measures of the same attitude. Copyright 1999 by Kluwer Academic Publishers

Technical Details

RePEc Handle
repec:kap:jrisku:v:19:y:1999:i:1-3:p:203-35
Journal Field
Theory
Author Count
3
Added to Database
2026-01-25