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Mistakes in Choice-Based Welfare Analysis

Kőszegi, B., & Rabin, M. (2007). Mistakes in Choice-Based Welfare Analysis. American Economic Review.

Type
Journal article
Intellectual base
Primary research
Year
2007
DOI
10.1257/aer.97.2.477
DOI registrant
American Economic Association
Link
https://doi.org/10.1257/aer.97.2.477
Cited from
behavioral_economics

Cited by

1 citation across 1 artifact.

Each citation links to the sentence it supports in the citing article.

Primes

  • Reference-Point Dependence
    • The structure stays silent on whether a case is a mistake, a defensible priority, or an exploitation.

      This sourceArgues that classifying a response as a mistake rests on assumptions about well-being that observed choice alone cannot supply.

      Supported in partVerified against the publisher's abstract

      The abstract backs the principle that choice-based welfare verdicts rest on assumptions about well-being that observed choice cannot supply, but it does not itself state the mistake / defensible-priority / exploitation classification.

      “we explore some conceptual issues as to why and how one might use these new assumptions and approaches to supplement and modify the revealed-preference approach as it is conventionally conceived”

      From the publisher's abstract.

      Read by an automated reader; not a human review. How support was checked

Verification

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Does it back the claim? Read against the text for 1 of 1 citation: 1 supported in part. Each verdict is shown under its citation below, with what in the work backs the sentence.

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Registry ID ref:b074465b9f29 · see in the full table