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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP13232 |
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 |
URL | https://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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