Economic Preferences or Attitude Expressions?: An Analysis of Dollar Responses to Public Issues

被引:1
作者
Daniel Kahneman
Ilana Ritov
David Schkade
机构
[1] Princeton University,Woodrow Wilson School of Public Policy
[2] Hebrew University,undefined
[3] University of Texas,undefined
来源
Journal of Risk and Uncertainty | 1999年 / 19卷
关键词
preferences; attitudes; contingent valuation; psychology and economics; utility assessment;
D O I
暂无
中图分类号
学科分类号
摘要
Participants in contingent valuation surveys and jurors setting punitive damages in civil trials provide answers denominated in dollars. These answers are better understood as expressions of attitudes than as indications of economic preferences. Well-established characteristics of attitudes and of the core process of affective valuation explain several robust features of dollar responses: high correlations with other measures of attractiveness or aversiveness, insensitivity to scope, preference reversals, and the high variability of dollar responses relative to other measures of the same attitude.
引用
收藏
页码:203 / 235
页数:32
相关论文
共 120 条
[1]  
Arrow K.(1982)Risk Perception in Psychology and Economics Economic Inquiry 20 1-9
[2]  
Baron J.(1996)Determinants of Insensitivity to Quantity in Valuation of Public Goods: Contribution, Warm Glow, Budget Constraints, Availability, and Prominence Journal of Experimental Psychology: Applied 2 107-125
[3]  
Joshua G.(1993)The Issue of Scope in Contingent Valuation Studies American Journal of Agricultural Economics 75 1263-1267
[4]  
Carson R.(1995)Sequencing and Nesting in Contingent Valuation Surveys Journal of Environmental Economics and Management 28 155-173
[5]  
Robert M.(1996)The More You Ask for the More You Get: Anchoring in Personal Injury Verdicts Applied Cognitive Psychology 10 519-540
[6]  
Carson R.(1995)Homegrown Values and Hypothetical Surveys: Is the Dichotomous Choice Approach Incentive-Compatible? American Economic Review 85 260-266
[7]  
Robert M.(1996)Probability and Utility Components of Endangered Species Preservation Programs Journal of Experimental Psychology: Applied 2 60-83
[8]  
Chapman G.(1996)Testing the Internal Consistency of Contingent Valuation Surveys Journal of Environmental Economics and Management 30 337-347
[9]  
Brian B.(1994)Contingent Valuation: Is Some Number Better Than No Number? Journal of Economic Perspectives 8 45-64
[10]  
Cummings R.(1986)On the Automatic Activation of Attitudes Journal of Personality and Social Psychology 50 229-238