De Gustibus Non Est Disputandum: An Experimental Investigation

Utteeyo Dasgupta, Lata Gangadharan (lata.gangadharan@monash.edu), Pushkar Maitra and Subha Mani

MPRA Paper from University Library of Munich, Germany

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)
Date: 2014-08-18
New Economics Papers: this item is included in nep-cbe, nep-dcm, nep-exp and nep-upt
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Working Paper: De Gustibus Non Est Disputandum: An Experimental Investigation (2014)
Working Paper: De Gustibus Non Est Disputandum: An Experimental Investigation (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:58010

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