The Welfare Economics of Reference Dependence
收藏NBER2023-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w31381
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资源简介：
Empirical evidence suggests that individuals often evaluate options relative to a reference point, especially seeking to avoid losses. We undertake the first welfare analysis under reference-dependent preferences. We characterize the welfare impact of changes in reference points and prices,
提供机构：
美国国家经济研究局
创建时间：
2023-06-01
