| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w24721 |
| 来源ID | Working Paper 24721 |
| Are Reference Points Merely Lagged Beliefs Over Probabilities? | |
| Ori Heffetz | |
| 发表日期 | 2018-06-18 |
| 出版年 | 2018 |
| 语种 | 英语 |
| 摘要 | What explains the mixed evidence from laboratory tests of Kőszegi and Rabin’s (2006 and later) model of expectations-based reference-dependent preferences? We investigate one hypothesis: to become (behavior-affecting) reference points, probability beliefs have to sink in—being merely lagged, as the theory requires, is not sufficient. Past experiments with conflicting findings exogenously endowed subjects with beliefs that were equally lagged, but possibly unequally sunk-in. In four experiments, whose designs replicate past KR-nonsupporting experiments, we add new sink-in manipulations that endow individuals with additional, visual/physical probability impressions. Our findings are more KR-supporting in an endowment-effect setting but not in an effort-provision setting. |
| 主题 | Microeconomics ; Households and Firms ; Economics of Information ; Behavioral Economics ; Labor Economics ; Labor Supply and Demand |
| URL | https://www.nber.org/papers/w24721 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/582394 |
| 推荐引用方式 GB/T 7714 | Ori Heffetz. Are Reference Points Merely Lagged Beliefs Over Probabilities?. 2018. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w24721.pdf（693KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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