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This raises an interesting question. Should
lives saved in the future be discounted for
the purpose of calculating CPLS, or should
they be counted the same as those saved
tomorrow? To shed light o...
A State Preference Approach to the Precautionary Demand for Money
Money Precautionary Demand
2015/9/18
Much attention has been devoted in the
literature to the transactions demand for
money and the asset demand for money.
The precautionary motive for holding cash
balances, however, is seldom analyz...
Preference shocks from aggregation: time series data evidence
Aggregation shock time series data evidence
2015/7/21
Preference shocks from aggregation: time series data evidence.
Home Bias at Home:Local Equity Preference in Domestic Portfolios
Prejudice and Bias Local Range Investment
2015/5/13
Home Bias at Home:Local Equity Preference in Domestic Portfolios.
Strategies for Overcoming Hypothetical Bias in Stated Preference Surveys
Strategies Overcoming Hypothetical Bias Stated Preference Surveys
2014/6/3
Strategies for Overcoming Hypothetical Bias in Stated Preference Surveys。
What floats your boat? Preference revelation from lotteries over complex goods
Preference revelation lotteries complex goods
2014/6/3
What floats your boat? Preference revelation from lotteries over complex goods。
Risk Aversion and Preference for Store Price Format
Risk Aversion Preference Store Price Format
2014/6/3
Risk Aversion and Preference for Store Price Format。
Preference heterogeneity and optimal capital income taxation
Optimal taxation Capital taxation Saving Preference heterogeneity
2014/3/18
We examine a prominent justification for capital income taxation: goods preferred by those with high ability ought to be taxed. In an environment where commodity taxes are allowed to be nonlinea...
Determinants of brand equity for credence goods: Consumers’ preference for country origin, perceived value and food safety
consumer preference food safety brand equity branding
2014/2/24
Food safety is an important credence attribute that is increasingly being emphasized by the food industry, regulatory bodies and the consumers around the world. Consumers cannot predict ex ante perfor...
Asymmetries in Ordered Strength of Preference Models: Implications of Focus Shift for Discrete-Choice Preference Estimation
preference model survey design
2011/10/23
This paper explores potential focus shift asymmetries in an ordered strength of preference model applied to contingent choice data. A focus shift occurs when respondents weight factors differently whe...
The Revealed Preference Implications of Reference Dependent Preferences
Reference Dependent Preferences problems
2014/3/18
K¨oszegi and Rabin (2005) propose a theory of reference dependent utility in which the
ultimate choice also serves as the reference point. They analyze dynamic choice problems
with uncertainty and i...