Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/104649
Authors: 
Dasgupta, Utteeyo
Gangadharan, Lata
Maitra, Pushkar
Mani, Subha
Year of Publication: 
2014
Series/Report no.: 
IZA Discussion Papers 8579
Abstract: 
The goal of this paper is to examine stability in preferences using the Stigler-Becker state-dependent framework. Using a randomized intervention that changes the opportunity sets of individuals we construct a unique panel data from an artefactual field experiment and evaluate whether the change in the state space influences our selected indicators of preferences: risk, competitiveness, and confidence. We find that there is considerable heterogeneity of preferences across individuals at a point in time; risk and competitive preferences inter-temporally are consistent with state-dependent preferences, while measures of confidence seem to depend on past experiences.
Subjects: 
preference stability
state contingent preferences
artefactual field experiment
JEL: 
C9
D01
D03
Document Type: 
Working Paper

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