Work

The geometry of distributional preferences and a non-parametric identification approach

Year: 2013

Type: preprint

Abstract: This paper proposes a geometric delineation of distributional preference types and a non-parametric approach for their identification in a two-person context.It starts with a small set of assumptions on preferences and shows that this set (i) naturally results in a taxonomy of distributional archetypes that nests all empirically relevant types considered in previous work in economics and social psychology; and (ii) gives rise to a clean experimental test design that discriminates between archetypes according to core features of preferences rather than properties of specific modelling variants.As a by-product the test yields a two-dimensional index of preference intensity.

Source: RePEc: Research Papers in Economics

Author: Rudolf Kerschbamer

Institution: Universität Innsbruck

Language: English

Topic: Experimental Behavioral Economics Studies

Subfield: Safety Research

Field: Social Sciences

Domain: Social Sciences

Open Access status: green

Funders: Queensland University of Technology, Austrian Science Fund, Oesterreichische Nationalbank

Awards: G2854451742, A Parsimonious Experimental Test for Distributional Concerns, G5166158477

OpenAlex ID: W10624164