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dc.contributor.authorCordes, Christianen_US
dc.contributor.authorSchubert, Christianen_US
dc.date.accessioned2011-01-31en_US
dc.date.accessioned2012-04-24T15:44:40Z-
dc.date.available2012-04-24T15:44:40Z-
dc.date.issued2010en_US
dc.identifier.piurn:nbn:de:gbv:27-20110630-110118-0en_US
dc.identifier.urihttp://hdl.handle.net/10419/57558-
dc.description.abstractBehavioral (e.g. consumption) patterns of boundedly rational agents can lead these agents into learning dynamics that appear to be wasteful in terms of well-being or welfare. Within settings displaying preference endogeneity, it is however still unclear how to conceptualize well-being. This paper contributes to the discussion by suggesting a formal model of preference learning that can inform the construction of alternative notions of dynamic well-being. Based on the assumption that interacting agents are subject to two biases that make them systematically prefer some cultural variants over others, a procedural notion of well-being can be developed, based on the idea that policy should identify and confine conditions that generate dynamic instability in preference trajectories.en_US
dc.language.isoengen_US
dc.publisherMax-Planck-Inst. für Ökonomik Jenaen_US
dc.relation.ispartofseriesPapers on economics and evolution 1022en_US
dc.subject.jelD63en_US
dc.subject.jelO12en_US
dc.subject.jelD11en_US
dc.subject.jelD83en_US
dc.subject.jelC61en_US
dc.subject.ddc330en_US
dc.subject.keywordSocial Learningen_US
dc.subject.keywordPreference Changeen_US
dc.subject.keywordWelfareen_US
dc.subject.keywordHuman Cognitionen_US
dc.subject.keywordConsumer Behavioren_US
dc.subject.stwKonsumentenverhaltenen_US
dc.subject.stwLernprozessen_US
dc.subject.stwPräferenztheorieen_US
dc.subject.stwBeschränkte Rationalitäten_US
dc.subject.stwKognitionen_US
dc.subject.stwLebensqualitäten_US
dc.subject.stwZufriedenheiten_US
dc.subject.stwTheorieen_US
dc.titleRole models that make you unhappy: Light paternalism, social learning and welfareen_US
dc.typeWorking Paperen_US
dc.identifier.ppn644896345en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:Papers on Economics and Evolution, MPI für Ökonomik

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