Simple preference intensity comparisons
Abstract
We propose and analyze a general model of simple preference intensity comparisons. The model encompasses those that belong to the utility-difference class, has transparent behavioural underpinnings and features purely ordinal uniqueness properties. Its empirical content is characterized by an easily testable condition on dual behavioural data that include choices and additional observables with intensity-revealing potential that are often elicited in experimental/empirical work, such as survey ratings, response times or willingness to pay.
Citation
Gerasimou , G 2021 , ' Simple preference intensity comparisons ' , Journal of Economic Theory , vol. 192 , 105199 . https://doi.org/10.1016/j.jet.2021.105199
Publication
Journal of Economic Theory
Status
Peer reviewed
ISSN
0022-0531Type
Journal article
Rights
Copyright © 2021 Elsevier Inc. All rights reserved. This work has been made available online in accordance with publisher policies or with permission. Permission for further reuse of this content should be sought from the publisher or the rights holder. This is the author created accepted manuscript following peer review and may differ slightly from the final published version. The final published version of this work is available at https://doi.org/10.1016/j.jet.2021.105199
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