Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/57556 
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dc.contributor.authorWitt, Ulrichen
dc.contributor.authorBinder, Martinen
dc.date.accessioned2012-01-12-
dc.date.accessioned2012-04-24T15:44:36Z-
dc.date.available2012-04-24T15:44:36Z-
dc.date.issued2011-
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
dc.language.isoengen
dc.publisher|aMax Planck Institute of Economics |cJenaen
dc.relation.ispartofseries|aPapers on Economics and Evolution |x1120en
dc.subject.jelD87en
dc.subject.jelB41en
dc.subject.jelB12en
dc.subject.ddc330en
dc.subject.keywordutilityen
dc.subject.keywordneuroeconomicsen
dc.subject.keywordindex number problemen
dc.subject.keywordwantingen
dc.subject.keywordlikingen
dc.subject.keywordaffective forecastingen
dc.subject.stwNutzenen
dc.subject.stwNeuroökonomieen
dc.subject.stwEntscheidungen
dc.subject.stwMotivationen
dc.subject.stwBedürfnisseen
dc.subject.stwTheorieen
dc.titleDisentangling motivational and experiential aspects of "Utility": A neuroeconomics perspective-
dc.typeWorking Paperen
dc.identifier.ppn68289785Xen
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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