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Cambridge University Press - The Construction of Preference

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Description

Explore the fundamental shifts in behavioral decision research with The Construction of Preference from Cambridge University Press. This text examines how people's preferences are often constructed during the elicitation process rather than existing as fixed entities. Through a detailed look at studies where normatively equivalent methods, such as choice and pricing, result in different responses, the book addresses the violation of the principle of procedure invariance. This work is essential for understanding why different elicitation procedures produce different orderings of options and how these findings challenge the foundations of rational choice theory.

Key Features

Published by Cambridge University Press, this book provides a deep look into behavioral decision research.

The text examines the theme of how preferences are constructed during the process of elicitation.

It explores how normatively equivalent methods like choice and pricing can lead to different responses.

This work addresses preference reversals that violate the principle of procedure invariance.

Readers will learn how different elicitation procedures impact the ordering of options in rational choice theory.

Product Specifications

Format
paperback
Domain
Amazon UK
Release Date
09 November 2006
Listed Since
08 December 2006

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No barcode data available

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