Eliciting Welfare Preferences from Behavioural Data Sets

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Eliciting Welfare Preferences from Behavioural Data Sets

An individual displays various preference orderings in different payoff-irrelevant circumstances. It is assumed that the variation in the observed preference orderings is the outcome of some cognitive process that distorts the underlying preferences of the individual. We introduce a framework for eliciting the individual’s underlying preferences in such cases and then demonstrate it for two cog...

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ژورنال

عنوان ژورنال: The Review of Economic Studies

سال: 2011

ISSN: 0034-6527,1467-937X

DOI: 10.1093/restud/rdr024