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dc.contributor.authorWitt, Ulrichen_US
dc.contributor.authorBinder, Martinen_US
dc.date.accessioned2012-01-12en_US
dc.date.accessioned2012-04-24T15:44:36Z-
dc.date.available2012-04-24T15:44:36Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/57556-
dc.description.abstractAlthough decision makers are often reported to have difficulties in making comparisons between multi-dimensional decision outcomes, economic theory assumes a uni-dimensional utility measure. This paper reviews evidence from behavioral and brain sciences to assess whether, and for what reasons, this assumption may be warranted. It is claimed that the decision makers' difficulties can be explained once the motivational aspects of utility (wanting) are disentangled from the experiential ones (liking) and the features of the different psychological processes involved are recognized.en_US
dc.language.isoengen_US
dc.publisherMax-Planck-Inst. für Ökonomik Jenaen_US
dc.relation.ispartofseriesPapers on economics and evolution 1120en_US
dc.subject.jelD87en_US
dc.subject.jelB41en_US
dc.subject.jelB12en_US
dc.subject.ddc330en_US
dc.subject.keywordutilityen_US
dc.subject.keywordneuroeconomicsen_US
dc.subject.keywordindex number problemen_US
dc.subject.keywordwantingen_US
dc.subject.keywordlikingen_US
dc.subject.keywordaffective forecastingen_US
dc.subject.stwNutzenen_US
dc.subject.stwNeuroökonomieen_US
dc.subject.stwEntscheidungen_US
dc.subject.stwMotivationen_US
dc.subject.stwBedürfnisseen_US
dc.subject.stwTheorieen_US
dc.titleDisentangling motivational and experiential aspects of "Utility": A neuroeconomics perspectiveen_US
dc.typeWorking Paperen_US
dc.identifier.ppn68289785Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Papers on Economics and Evolution, MPI für Ökonomik

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