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Preference Uncertainty

Elicitation and Implications

Liu Shi • Boek • paperback

  • Samenvatting
    This dissertation contains three studies to improve the understanding of decision-making under preference uncertainty. Many daily decisions involve trading off between conflicting objectives, where individuals may be uncertain about their preferences. Under preference uncertainty, individuals may exhibit stochastic choice by changing their decisions across repeated choices or by reporting a range of possible values when evaluating an asset. This dissertation contributes to the empirical investigation of preference uncertainty by proposing novel methods to reveal and measure it with incentives. These methods are applied in economic experiments to examine whether preference uncertainty can explain two economic anomalies: preference reversal and present bias.
  • Productinformatie
    Binding : Paperback
    Distributievorm : Boek (print, druk)
    Formaat : 170mm x 240mm
    Aantal pagina's : 226
    Uitgeverij : Radboud University Press
    ISBN : 9789465150635
    Datum publicatie : 05-2025
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