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Max-Planck-Institut für Ökonomik, Jena >
Papers on Economics and Evolution, MPI für Ökonomik >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/57556
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Full metadata record
| DC Field | | Value | | Language |
| dc.contributor.author | | Witt, Ulrich | | en_US |
| dc.contributor.author | | Binder, Martin | | en_US |
| dc.date.accessioned | | 2012-01-12 | | en_US |
| dc.date.accessioned | | 2012-04-24T15:44:36Z | | - |
| dc.date.available | | 2012-04-24T15:44:36Z | | - |
| dc.date.issued | | 2011 | | en_US |
| dc.identifier.uri | | http://hdl.handle.net/10419/57556 | | - |
| dc.description.abstract | | Although 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.iso | | eng | | en_US |
| dc.publisher | | Max-Planck-Inst. für Ökonomik Jena | | en_US |
| dc.relation.ispartofseries | | Papers on economics and evolution 1120 | | en_US |
| dc.subject.jel | | D87 | | en_US |
| dc.subject.jel | | B41 | | en_US |
| dc.subject.jel | | B12 | | en_US |
| dc.subject.ddc | | 330 | | en_US |
| dc.subject.keyword | | utility | | en_US |
| dc.subject.keyword | | neuroeconomics | | en_US |
| dc.subject.keyword | | index number problem | | en_US |
| dc.subject.keyword | | wanting | | en_US |
| dc.subject.keyword | | liking | | en_US |
| dc.subject.keyword | | affective forecasting | | en_US |
| dc.subject.stw | | Nutzen | | en_US |
| dc.subject.stw | | Neuroökonomie | | en_US |
| dc.subject.stw | | Entscheidung | | en_US |
| dc.subject.stw | | Motivation | | en_US |
| dc.subject.stw | | Bedürfnisse | | en_US |
| dc.subject.stw | | Theorie | | en_US |
| dc.title | | Disentangling motivational and experiential aspects of "Utility": A neuroeconomics perspective | | en_US |
| dc.type | | Working Paper | | en_US |
| dc.identifier.ppn | | 68289785X | | en_US |
| dc.rights | | http://www.econstor.eu/dspace/Nutzungsbedingungen | | en_US |
| Appears in Collections: | | Papers on Economics and Evolution, MPI für Ökonomik
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