A Model of Reference-Dependent Preferences¶
Koszegi, B., & Rabin, M. (2006). A Model of Reference-Dependent Preferences. The Quarterly Journal of Economics.
Cited by¶
1 citation across 1 artifact.
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Primes¶
- Reference-Point Dependence
- Where a system reads differences only, that is a strong and separately checkable property, and it usually holds locally at best.
This sourceDerives utility from a consumption-utility component defined on levels plus a gain-loss component defined on departures from a reference, making the level-versus-difference mixture an explicit modelled quantity.
- Where a system reads differences only, that is a strong and separately checkable property, and it usually holds locally at best.
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Registry ID ref:78c338c1d1e0 · see in the full table