Elicitation of Preferences

Front Cover
Baruch Fischhoff, Charles F. Manski
Springer Science & Business Media, Feb 29, 2000 - Business & Economics - 270 pages
Economists and psychologists have, on the whole, exhibited sharply different perspectives on the elicitation of preferences. Economists, who have made preference the central primitive in their thinking about human behavior, have for the most part rejected elicitation and have instead sought to infer preferences from observations of choice behavior. Psychologists, who have tended to think of preference as a context-determined subjective construct, have embraced elicitation as their dominant approach to measurement.
This volume, based on a symposium organized by Daniel McFadden at the University of California at Berkeley, provides a provocative and constructive engagement between economists and psychologists on the elicitation of preferences.
 

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Contents

A Review and CapitalLaborProduction Framework
7
A Review and CapitalLaborProduction Framework
43
A Review and Capital LaborProduction Framework
47
Analysis of Choice Expectations in Incomplete Scenarios
49
Commentary on Analysis of Choice Expectations in Incomplete Scenarios
67
Commentary on Analysis of Choice Expectations in Incomplete Scenarios
71
Rationality for Economists?
73
A Commentary on Rationality for Economists?
107
Commentary on Fischhoff et al Construal Processes in Preference Assessment
165
A Commentary on Construal Processes in Preference Assessment
169
Choice Bracketing
171
A Commentary on Read et al Choice Bracketing
199
Commentary on Choice Bracketing by Read Loewenstein and Rabin
201
An Analysis of Dollar Responses to Public Issues
203
An Analysis of Dollar Responses to Public Issues by Kahneman Ritov and Schkade
237
An Analysis of Dollar Responses to Public Issues by Kahneman et al
241

A Commentary on Rationality for Economists?
109
Anchoring and Acquiescence Bias in Measuring Assets in Household Surveys
111
Commentary on Anchoring and Acquiescence Bias in Measuring Assets in Household Surveys
137
Construal Processes in Preference Assessment
139
Towards a Building Code
243
Commentary on Measuring Constructed Preferences Towards a Building Code by Payne Bettman and Schkade
271
Towards a Building Code by Payne Bettman and Schkade
273
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