|
EconStor >
Max-Planck-Institut für Ökonomik, Jena >
Jena Economic Research Papers, MPI für Ökonomik >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/25728
|
| | |
| Title: | | Manipulating reference states: the effect of attitudes on utility  |
| Authors: | | Matthey, Astrid |
| Issue Date: | | 2008 |
| Series/Report no.: | | Jena economic research papers 2008,044 |
| Abstract: | | In economic theory, utility depends on past, present and future outcomes. The experiment described in this paper suggests that utility also depends on people’s attitudes, and that it can easily be manipulated through these attitudes. The results imply, first, that purely outcome-based models of individual utility may be incomplete. Second, that reference-states are not determined completely endogenously but can be influenced from outside. And third, that experiments in economics may be sensitive to subtle details of the experimental design. |
| Subjects: | | Utility reference state attitudes priming experiment |
| JEL: | | D01 D10 C91 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Jena Economic Research Papers, MPI für Ökonomik
|
| Files in This Item:
| |
|
| No. of Downloads:
| |
| last Month |
last 3 Month |
total |
|
|
|
|
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/25728
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|