G2TT
来源类型Discussion paper
规范类型论文
来源IDDP13232
DP13232 Revealed Preference Analysis with Framing Effects
Daniel Reck
发表日期2018-10-09
出版年2018
语种英语
摘要In many settings, decision-makers’ behavior is observed to vary based on seemingly arbitrary factors. Such framing effects cast doubt on the welfare conclusions drawn from revealed preference analysis. We relax the assumptions underlying that approach to accommodate settings in which framing effects are present. Plausible restrictions of varying strength permit either partial- or point-identification of preferences for the decision-makers who choose consistently across frames. Recovering population preferences requires understand- ing the empirical relationship between decision-makers’ preferences and their sensitivity to the frame. We develop tools for studying this relationship and illustrate them with data on automatic enrollment into pension plans.
主题Public Economics
关键词Revealed preferences Framing effects Behavioral economics Behavioral welfare analysis
URLhttps://cepr.org/publications/dp13232-0
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/542041
推荐引用方式
GB/T 7714
Daniel Reck. DP13232 Revealed Preference Analysis with Framing Effects. 2018.
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