|
EconStor >
Federal Reserve Bank of Boston >
Working Paper Series, Federal Reserve Bank of Boston >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/55613
|
| | |
| Title: | | Tom Sawyer and the construction of value  |
| Authors: | | Ariely, Dan Loewenstein, George Prelec, Drazen |
| Issue Date: | | 2005 |
| Series/Report no.: | | Working paper series // Federal Reserve Bank of Boston 05-10 |
| Abstract: | | This paper challenges the common assumption that economic agents know their tastes. After reviewing previous research showing that valuation of ordinary products and experiences can be manipulated by non-normative cues, we present three studies showing that in some cases people do not even have a pre-existing sense of whether an experience is good or bad - even when they have experienced a sample of it. |
| Subjects: | | preferences preference uncertainty coherent arbitrariness |
| JEL: | | D00 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Working Paper Series, Federal Reserve Bank of Boston
|
| Files in This Item:
| |
|
| No. of Downloads:
| |
| last Month |
last 3 Month |
total |
|
|
|
|
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/55613
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|