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Combining preferences and heuristics in analysing consumer behaviour
This paper proposes a seminal model that combines heuristics and preferences to analyse decision-making processes related to the consumption of goods...
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Other-regarding preferences and giving decision in a risky environment: experimental evidence
We investigate whether and how an individual giving decision is affected in risky environments in which the recipient’s wealth is random. We...
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Eliciting beekeepers’ preferences for the small hive beetle control policy in Italy: a contingent valuation survey approach
Aethina tumida , commonly known as the small hive beetle (SHB), is a parasite of social bee colonies. In 2014, when the beetle was first detected in...
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A double-bounded risk-risk trade-off analysis of heatwave-related mortality risk: Evidence from India
As climate variability is increasing, extreme events such as temperature fluctuations are expected to become more frequent. Low- and middle-income...
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Are risk attitude, impatience, and impulsivity related to the individual discount rate? Evidence from energy-efficient durable goods
Discounting is a manifestation of behavioral impulsivity, which is closely related to self-regulation processes. The decision-making process for...
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Multivariate risk attitude: a comparison of alternative approaches in sustainability policies
Risk aversion has an unambiguous meaning in the univariate context: But, what does it mean to be risk averse in the multivariate case? Concave Risk...
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Static and dynamic quantile preferences
This paper axiomatizes static and dynamic quantile preferences. Static quantile preferences specify that a prospect should be preferred if it has a...
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Risk preference and entrepreneurial investment at the top of the wealth distribution
We present evidence on how individual risk preferences are related to entrepreneurial investment among the wealthy. To do so, we use novel survey...
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How sure are you? — the properties of self-reported conviction in the elicitation of health preferences with discrete choice experiments
Discrete choice experiments (DCE) are often used to elicit preferences, for instance, in health preference research. However, DCEs only provide...
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Consumers preferences and social sustainability: a discrete choice experiment on ‘Quality Agricultural Work’ ethical label in the Italian fruit sector
The Italian legislator has adopted several instruments to discourage undeclared work and exploitative labour in agriculture, mostly of a...
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Safe options and gender differences in risk attitudes
Gender differences in risk attitudes have recently been shown to be context-dependent rather than ubiquitous. We manipulate three widely used risk...
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Political polarization in US residents’ COVID-19 risk perceptions, policy preferences, and protective behaviors
When the novel coronavirus entered the US, most US states implemented lockdown measures. In April–May 2020, state governments started political...
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On the cardinal utility equivalence of biseparable preferences
We establish a simple condition, based on the willingness to bet on events, under which two biseparable preferences have cardinally equivalent...
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Subscribing to new technology: consumer preferences for short-term ownership of electric vehicles
Broader adoption of battery electric vehicles (BEVs) and reductions in household car ownership are key to meeting climate goals. Yet, BEV market...
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How choice proliferation affects revealed preferences
Whereas the literature on choice overload has shown that people tend to defer their choice or experience less satisfaction under choice...
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Hurricane-Induced Power Disruptions: Household Preferences for Improving Infrastructure Resilience
In recent years, the increase in the frequency and intensity of hurricanes has posed a significant threat to coastal infrastructures, particularly...
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Optimal additional voluntary contribution in DC pension schemes to manage inadequacy risk
In defined contribution pension schemes the member bears the investment risk and her main concern is to obtain an inadequate fund at retirement. To...
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Fear of COVID-19 changes economic preferences: evidence from a repeated cross-sectional MTurk survey
The personal experience of events such as financial crises and natural disasters can alter economic preferences. We administered a repeated...
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Can blockchain technology strengthen consumer preferences for credence attributes?
Consumers’ interest in product information, such as nutrition, environment, and social aspects, is increasing in the food market. Blockchain...
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Global Optimal Consumption–Portfolio Rules with Myopic Preferences and Loss Aversion
In this paper, we construct a continuous-time market where the investor’s preferences take the form of myopic preferences used in Basak et al. (Rev...
