Simple preference intensity comparisons

• 成果类型: Article
• 署名作者: Gerasimou, Georgios
• 署名单位: University of St Andrews
• 刊物名称: JOURNAL OF ECONOMIC THEORY
• ISSN/ISSBN: 0022-0531
• DOI: 10.1016/j.jet.2021.105199
• 发表日期: 2021
• 关键词: Ordinal preference intensities; Preference intensity functions; Revealed preference intensity

摘要

We propose and analyze a general model of simple preference intensity comparisons. The model encompasses those that belong to the utility-difference class, has transparent behavioural underpinnings and features purely ordinal uniqueness properties. Its empirical content is characterized by an easily testable condition on dual behavioural data that include choices and additional observables with intensity-revealing potential that are often elicited in experimental/empirical work, such as survey ratings, response times or willingness to pay. (C) 2021 Elsevier Inc. All rights reserved.