EconPapers    
Economics at your fingertips  
 

De Gustibus Non Est Disputandum: An Experimental Investigation

Utteeyo Dasgupta, Lata Gangadharan (), Pushkar Maitra and Subha Mani

No 8579, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: The goal of this paper is to examine stability in preferences using the Stigler-Becker state-dependent framework. Using a randomized intervention that changes the opportunity sets of individuals we construct a unique panel data from an artefactual field experiment and evaluate whether the change in the state space influences our selected indicators of preferences: risk, competitiveness, and confidence. We find that there is considerable heterogeneity of preferences across individuals at a point in time; risk and competitive preferences inter-temporally are consistent with state-dependent preferences, while measures of confidence seem to depend on past experiences.

Keywords: preference stability; state contingent preferences; artefactual field experiment (search for similar items in EconPapers)
JEL-codes: C9 D01 D03 (search for similar items in EconPapers)
Pages: 34 pages
Date: 2014-10
New Economics Papers: this item is included in nep-cbe and nep-exp
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Published - published as 'Searching for Preference Stability in a State Dependent World' in: Journal of Economic Psychology, 2017, 62, 17- 32.

Downloads: (external link)
https://docs.iza.org/dp8579.pdf (application/pdf)

Related works:
Working Paper: De Gustibus Non Est Disputandum: An Experimental Investigation (2014) Downloads
Working Paper: De Gustibus Non Est Disputandum: An Experimental Investigation (2014) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:iza:izadps:dp8579

Ordering information: This working paper can be ordered from
IZA, Margard Ody, P.O. Box 7240, D-53072 Bonn, Germany

Access Statistics for this paper

More papers in IZA Discussion Papers from Institute of Labor Economics (IZA) IZA, P.O. Box 7240, D-53072 Bonn, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Holger Hinte ().

 
Page updated 2025-03-30
Handle: RePEc:iza:izadps:dp8579