Simple preference intensity comparisons
Georgios Gerasimou
Journal of Economic Theory, 2021, vol. 192, issue C
Abstract:
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.
Keywords: Ordinal preference intensities; Preference intensity functions; Revealed preference intensity (search for similar items in EconPapers)
JEL-codes: D01 D11 D60 D90 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (4)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jetheo:v:192:y:2021:i:c:s0022053121000168
DOI: 10.1016/j.jet.2021.105199
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