preference reversals

Chris Starmer

3 citations0/0 files storedPalgrave Macmillan UK eBooks

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Decision-Making and Behavioral Economics Economic and Environmental Valuation Experimental Behavioral Economics Studies

Abstract

Preference reversal (PR) is a widely observed behavioural tendency for the preference ordering of a pair of alternatives to depend, in a predictable way, on the process used to elicit it. These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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References

1982Regret Theory: An Alternative Theory of Rational Choice Under Uncertainty 1964Measuring utility by a single-response sequential method 2000Developments in Non-Expected Utility Theory: The Hunt for a Descriptive Theory of Choice under Risk 1988Contingent weighting in judgment and choice.1971Reversals of preference between bids and choices in gambling decisions.2006Economic Theory of Choice and the Preference Reversal Phenomenon 2006The Construction of Preference 1986Preference Reversals and the Independence Axiom

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2019Understanding Preference Imprecision

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