The Construction of Preference

The Construction of Preference PDF Author: Sarah Lichtenstein
Publisher: Cambridge University Press
ISBN: 1139457780
Category : Psychology
Languages : en
Pages : 709

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Book Description
One of the main themes that has emerged from behavioral decision research during the past three decades is the view that people's preferences are often constructed in the process of elicitation. This idea is derived from studies demonstrating that normatively equivalent methods of elicitation (e.g., choice and pricing) give rise to systematically different responses. These preference reversals violate the principle of procedure invariance that is fundamental to all theories of rational choice. If different elicitation procedures produce different orderings of options, how can preferences be defined and in what sense do they exist? This book shows not only the historical roots of preference construction but also the blossoming of the concept within psychology, law, marketing, philosophy, environmental policy, and economics. Decision making is now understood to be a highly contingent form of information processing, sensitive to task complexity, time pressure, response mode, framing, reference points, and other contextual factors.

The Construction of Preference

The Construction of Preference PDF Author: Sarah Lichtenstein
Publisher: Cambridge University Press
ISBN: 1139457780
Category : Psychology
Languages : en
Pages : 709

Get Book Here

Book Description
One of the main themes that has emerged from behavioral decision research during the past three decades is the view that people's preferences are often constructed in the process of elicitation. This idea is derived from studies demonstrating that normatively equivalent methods of elicitation (e.g., choice and pricing) give rise to systematically different responses. These preference reversals violate the principle of procedure invariance that is fundamental to all theories of rational choice. If different elicitation procedures produce different orderings of options, how can preferences be defined and in what sense do they exist? This book shows not only the historical roots of preference construction but also the blossoming of the concept within psychology, law, marketing, philosophy, environmental policy, and economics. Decision making is now understood to be a highly contingent form of information processing, sensitive to task complexity, time pressure, response mode, framing, reference points, and other contextual factors.

The Cambridge Handbook of Psychology and Economic Behaviour

The Cambridge Handbook of Psychology and Economic Behaviour PDF Author: Alan Lewis
Publisher: Cambridge University Press
ISBN: 1108547680
Category : Psychology
Languages : en
Pages : 1240

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Book Description
There has recently been an escalated interest in the interface between psychology and economics. The Cambridge Handbook of Psychology and Economic Behaviour is a valuable reference dedicated to improving our understanding of the economic mind and economic behaviour. Employing empirical methods - including laboratory and field experiments, observations, questionnaires and interviews - the Handbook provides comprehensive coverage of theory and method, financial and consumer behaviour, the environment and biological perspectives. This second edition also includes new chapters on topics such as neuroeconomics, unemployment, debt, behavioural public finance, and cutting-edge work on fuzzy trace theory and robots, cyborgs and consumption. With distinguished contributors from a variety of countries and theoretical backgrounds, the Handbook is an important step forward in the improvement of communications between the disciplines of psychology and economics that will appeal to academic researchers and graduates in economic psychology and behavioral economics.

Handbook of Sustainable Building

Handbook of Sustainable Building PDF Author: David Anink
Publisher: Earthscan Publications
ISBN:
Category : Architecture
Languages : en
Pages : 182

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Book Description
Local Forest Managementis built around careful and illuminating case studies of the effects of devolution policies on the management of forests in several Asian countries. The studies demonstrate that devolution policies – contrary to the claims o

Foundations of Paul Samuelson's Revealed Preference Theory

Foundations of Paul Samuelson's Revealed Preference Theory PDF Author: Stanley Wong
Publisher: Routledge
ISBN: 1134385528
Category : Business & Economics
Languages : en
Pages : 275

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Book Description
Originally published over two decades ago, this classic text within the philosophy of economics is a tour de force against revealed preference. It critically examines the research programme carried out by the Nobel Prize winner Paul Samuelson on the revealed preference approach to the theory of consumer behaviour. It also challenges two essential premises: * that the programme has been completed * that the various contributions of Samuelson are mutually consistent. This text contains a new preface by Wong, in which he provides a detailed insight into the origins of his pioneering text, and a new introduction from Philip Mirowski, analyzing the impact The Foundation of Paul Samuelson’s Revealed Preference Theory has had on the discipline of economics as well as explaining why it remains core reading for economists today. The defining statement of economic method, this book will be of interest to economists everywhere.

The Handbook of Rational and Social Choice

The Handbook of Rational and Social Choice PDF Author: Paul Anand
Publisher: Oxford University Press
ISBN: 0199290423
Category : Education
Languages : en
Pages : 592

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Book Description
This volume provides an overview of issues arising in work on the foundations of decision theory and social choice. The collection will be of particular value to researchers in economics with interests in utility or welfare, but also to any social scientist or philosopher interested in theories of rationality or group decision-making.

The Construction of Commercial Contracts

The Construction of Commercial Contracts PDF Author: JW Carter
Publisher: Bloomsbury Publishing
ISBN: 1782250573
Category : Law
Languages : en
Pages : 509

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Book Description
This book adopts a principled approach to the law applied in the construction of commercial contracts. This approach is presented as part of a coherent theory of the law of contract construction which makes a unique contribution to scholarship and understanding of the most important aspect of the practice of commercial lawyers. The law is explained by reference to three stages in construction. It distinguishes the preliminary stage in which context is established, from the 'meaning' and 'application' stages of contract construction. The approach provides insights both into the practical problems that lawyers face, in particular in relation to admissibility of extrinsic evidence, and the theoretical underpinnings of the subject. The book also explains the relationship between intention and construction, and discusses general and specific rules that determine the results of construction disputes. Each chapter is introduced by statements of its objectives and the book includes simple definitions of key concepts, as well as summaries of the complex principles which comprise the law of construction. In illustrating construction principles and their application, the exposition of the law draws on the author's knowledge of Australian contract law and the influence and role of the UNIDROIT principles, CISG and the American Restatement (Second) Contracts.

Shaping Entrepreneurship Research

Shaping Entrepreneurship Research PDF Author: Saras D. Sarasvathy
Publisher:
ISBN: 9781315161921
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
Shaping Entrepreneurship Research: Made, as Well as Found is a collection of readings designed to support entrepreneurship research. Focused on a worldview in which the future is open-ended and shapeable through human action - i.e. "made", this collection reframes entrepreneurship as a science of the artificial rather than as a natural or social science. It posits an open-ended universe for the making of human artifacts even if large swathes of nature and society are not within the control of the people making them. The book explores the notion of "made" through 25 foundational readings - classics from the history of ideas. Organized into five sections, each classic is individually introduced by the editors in one of five chapters written to explain its relevance and significance for a "made" view of entrepreneurship. Readers will benefit from exposure to these classic ideas and ongoing research in a variety of areas that fall somewhat outside the line-of-sight of traditional entrepreneurship research. Both individually and collectively, the readings suggest opportunities to ask new questions and develop new ways of framing entrepreneurship research that carry the discussion beyond worlds found to worlds made as well as found. The book is crafted to be valuable to three groups of scholars: young scholars with limited or no access to research infrastructure but with a desire to participate in deep conversations; young scholars with access to research infrastructure who also desire to listen-in on a different kind of conversation; and established entrepreneurship scholars who are contemplating an alternative set of foundational ideas to support their conversations in the discipline.

Collective Preference and Choice

Collective Preference and Choice PDF Author: Shmuel Nitzan
Publisher: Cambridge University Press
ISBN: 0521897254
Category : Business & Economics
Languages : en
Pages : 275

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Book Description
A study of the classical aggregation problems that arise in social choice theory, voting theory, and group decision-making under uncertainty.

The Irrational Economist

The Irrational Economist PDF Author: Erwann Michel-Kerjan
Publisher: Public Affairs
ISBN: 1586487809
Category : Business & Economics
Languages : en
Pages : 338

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Book Description
The authors explore how discoveries in decision sciences will enhance traditional ideas about economics and challenges the conventional wisdom about how to make the right decisions in an emerging new era, in a book that includes informative charts.

Choice Modelling

Choice Modelling PDF Author: Stephane Hess
Publisher: Emerald Group Publishing
ISBN: 1849507724
Category : Transportation
Languages : en
Pages : 639

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Book Description
Contains a selection of the best theoretical and applied papers from the inaugural International Choice Modelling Conference. The conference was organised by the Institute for Transport Studies at the University of Leeds and held in Harrogate, North Yorkshire on 30 March to 1 April 2009.