Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/57558 
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dc.contributor.authorCordes, Christianen
dc.contributor.authorSchubert, Christianen
dc.date.accessioned2011-01-31-
dc.date.accessioned2012-04-24T15:44:40Z-
dc.date.available2012-04-24T15:44:40Z-
dc.date.issued2010-
dc.identifier.piurn:nbn:de:gbv:27-20110630-110118-0en
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
dc.language.isoengen
dc.publisher|aMax Planck Institute of Economics |cJenaen
dc.relation.ispartofseries|aPapers on Economics and Evolution |x1022en
dc.subject.jelD63en
dc.subject.jelO12en
dc.subject.jelD11en
dc.subject.jelD83en
dc.subject.jelC61en
dc.subject.ddc330en
dc.subject.keywordSocial Learningen
dc.subject.keywordPreference Changeen
dc.subject.keywordWelfareen
dc.subject.keywordHuman Cognitionen
dc.subject.keywordConsumer Behavioren
dc.subject.stwKonsumentenverhaltenen
dc.subject.stwLernprozessen
dc.subject.stwPräferenztheorieen
dc.subject.stwBeschränkte Rationalitäten
dc.subject.stwKognitionen
dc.subject.stwLebensqualitäten
dc.subject.stwZufriedenheiten
dc.subject.stwTheorieen
dc.titleRole models that make you unhappy: Light paternalism, social learning and welfare-
dc.typeWorking Paperen
dc.identifier.ppn644896345en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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