The classic preference reversal phenomenon arises in a comparison between a choice and a matching task. We present a new type of preference reversal which is entirely choice-based. Because choice is the basic primitive of economics, the preference reversal we observe is more troubling for economics. The preference reversal was observed in two experiments, both involving large representative samples from the Spanish population. The data were collected by professional interviewers in face-to-face interviews. Possible explanations for the preference reversal are the anticipation of disappointment and elation in risky choice and the impact of ethical considerations.Preference reversal, Choice behavior, Stochastic dominance, Disappointment and e...
Preference reversals are frequently observed in the lab, but almost all designs use completely trans...
A body of data and theory has been developing within psychology which should be of interest to econo...
Do choices feed back into and alter preferences? Widespread evidence arising in psychology and neuro...
A central assumption in health utility measurement is that preferences are invariant to the elicitat...
One core assumption of standard economic theory is that an individual’s preferences are stable, irre...
A central assumption in health utility measurement is that preferences are invariant to the elicitat...
Preferences over risky alternatives can be elicited by different methods, including direct pairwise ...
This paper sheds new light on the preference reversal phenomenon by analyzing decision times in the ...
A generalized weak dominance approach is used to test the documented preference reversal (PR) phenom...
A body of data and theory has been developing within psychology which should be of interest to eco...
Research on preference reversals has demonstrated a disproportionate influence of outcome probabilit...
We present a new experimental investigation of preference reversal. Although economists and psycholo...
The numerous reports on preference reversals in preference elicitations pose a great challenge to em...
We investigate the implications of Salience Theory for the classical preference reversal phenomenon,...
The ‘preference reversal phenomenon’ – a systematic disparity between people’s valuations and choice...
Preference reversals are frequently observed in the lab, but almost all designs use completely trans...
A body of data and theory has been developing within psychology which should be of interest to econo...
Do choices feed back into and alter preferences? Widespread evidence arising in psychology and neuro...
A central assumption in health utility measurement is that preferences are invariant to the elicitat...
One core assumption of standard economic theory is that an individual’s preferences are stable, irre...
A central assumption in health utility measurement is that preferences are invariant to the elicitat...
Preferences over risky alternatives can be elicited by different methods, including direct pairwise ...
This paper sheds new light on the preference reversal phenomenon by analyzing decision times in the ...
A generalized weak dominance approach is used to test the documented preference reversal (PR) phenom...
A body of data and theory has been developing within psychology which should be of interest to eco...
Research on preference reversals has demonstrated a disproportionate influence of outcome probabilit...
We present a new experimental investigation of preference reversal. Although economists and psycholo...
The numerous reports on preference reversals in preference elicitations pose a great challenge to em...
We investigate the implications of Salience Theory for the classical preference reversal phenomenon,...
The ‘preference reversal phenomenon’ – a systematic disparity between people’s valuations and choice...
Preference reversals are frequently observed in the lab, but almost all designs use completely trans...
A body of data and theory has been developing within psychology which should be of interest to econo...
Do choices feed back into and alter preferences? Widespread evidence arising in psychology and neuro...