Revealed preferences in intertemporal decision making

被引：0
|
作者：
Von Auer, L [1 ]
机构：
[1] Univ Magdeburg, Fac Econ & Management, D-39016 Magdeburg, Germany
来源：
THEORY AND DECISION | 2004年 / 56卷 / 03期
关键词：
decision; dynamic choice; weak axiom of revealed preferences;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper connects two tracks of previous research: revealed preference theory and intertemporal decision making. It demonstrates that, in contrast to static decision frameworks, in dynamic settings the Weak Axiom of Revealed Preference is not sufficient for a perfect correspondence between an agent's observed choices and the unobservable preferences revealed. Necessary and sufficient conditions for a perfect correspondence are derived. In addition, conditions for an imperfect correspondence are analyzed and implications for applied work are suggested. The paper's findings represent a necessary first step towards a deeper appreciation for the relationship between observed dynamic choices and revealed dynamic preferences.
引用
收藏
页码：269 / 290
页数：22
相关论文
共 50 条
  • [1] Revealed preferences in intertemporal decision making
    Von Auer L.
    Theory and Decision, 2004, 56 (3) : 269 - 290
  • [2] Intertemporal decision making with present biased preferences
    Akin, Zafer
    JOURNAL OF ECONOMIC PSYCHOLOGY, 2012, 33 (01) : 30 - 47
  • [3] Are intertemporal preferences contagious? Evidence from collaborative decision making
    Bixter, Michael T.
    Trimber, Elizabeth M.
    Luhmann, Christian C.
    MEMORY & COGNITION, 2017, 45 (05) : 837 - 851
  • [4] Are intertemporal preferences contagious? Evidence from collaborative decision making
    Michael T. Bixter
    Elizabeth M. Trimber
    Christian C. Luhmann
    Memory & Cognition, 2017, 45 : 837 - 851
  • [5] CONSISTENT INTERTEMPORAL DECISION MAKING
    BLACKORBY, C
    NISSEN, D
    PRIMONT, D
    RUSSELL, RR
    REVIEW OF ECONOMIC STUDIES, 1973, 40 (02): : 239 - 248
  • [6] RATIONAL RULES FOR INTERTEMPORAL DECISION MAKING
    BLACKORB.C
    ECONOMETRICA, 1968, 36 (5S) : 121 - &
  • [7] INTERTEMPORAL DECISION-MAKING FOR A GROUP
    Yi, Richard
    King, Leila F.
    Carter, Anne E.
    Landes, Reid D.
    Bickel, Warren K.
    PSYCHOLOGICAL RECORD, 2010, 60 (04): : 577 - 586
  • [8] Intertemporal Decision-Making for a Group
    Richard Yi
    Leila F. King
    Anne E. Carter
    Reid D. Landes
    Warren K. Bickel
    The Psychological Record, 2010, 60 : 577 - 586
  • [9] Intertemporal Decision Making: A Mental Load Perspective
    Treur, Jan
    BIOLOGICALLY INSPIRED COGNITIVE ARCHITECTURES 2012, 2013, 196 : 319 - 331
  • [10] The neural substrates of probabilistic and intertemporal decision making
    Weber, Bethany J.
    Huettel, Scott A.
    BRAIN RESEARCH, 2008, 1234 : 104 - 115
12345