Debiasing or regularisation? Two interpretations of the concept of ‘true preference’ in behavioural economics

I reconsider Bleichrodt, Pinto Prades and Wakker’s (BPW) 2001 paper about eliciting utility measures from stated preference surveys. That paper pioneers a method that is now widely used in behavioural economics to correct individuals’ ‘biases’ and to recover their ‘true preferences’. However, BPW pr...

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Veröffentlicht in:	Theory and decision 2022-04, Vol.92 (3-4), p.765-784
1. Verfasser:	Sugden, Robert
Format:	Artikel
Sprache:	eng
Schlagworte:	Behavioral economics Behavioral/Experimental Economics Bias Decision makers Decision making Economic Theory/Quantitative Economics/Mathematical Methods Economics Economics and Finance Errors Finance Game Theory Insurance Management Operations Research/Decision Theory Polls & surveys Preferences Rationality Regularization Social and Behav. Sciences Statistics for Business Welfare
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