If Interdependent Preferences May Depend on Cognition

Daniel John Zizzo

Economists usually assume preferences as given. I argue that, at least in the case of interdepen-dent preferences, this may be deeply misleading. I review work from framing studies, public goods experiments, attutudes towards risk, happiness measurement, consumption, the labour market and ethics and economics, suggesting that inter-dependent preferences may depend on cognitive factors.

This page is copyrighted by AAAI. All rights reserved. Your use of this site constitutes acceptance of all of AAAI's terms and conditions and privacy policy.