Revealed Preference Theory

Revealed Preference Theory

Author: Christopher P. Chambers

Publisher: Cambridge University Press

Published: 2016-01-05

Total Pages: 241

ISBN-13: 1107087805

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The theory of revealed preference has a long, distinguished tradition in economics but lacked a systematic presentation of the theory until now. This book deals with basic questions in economic theory and studies situations in which empirical observations are consistent or inconsistent with some of the best known economic theories.


Pleasure, Reward, Preference

Pleasure, Reward, Preference

Author: D. E. Berlyne

Publisher: Academic Press

Published: 2013-10-22

Total Pages: 333

ISBN-13: 1483273725

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Pleasure, Reward, Preference: Their Nature, Determinants, and Role in Behavior covers the proceedings of a symposium by the same title, held at the Klarskovgaard Training Institute, near Korsør, Denmark, on June 5-9 1972, organized under the auspices of the Advisory Group on Human Factors of the Scientific Affairs Division of the North Atlantic Treaty Organization. This book is composed of 11 chapters, and starts with a historical perspective and review of the principal problems related to understanding the principles of pleasure, reward, and preference. The next chapters explore neurophysiological research with animals and the human cognitive phenomena. These topics are followed by discussions of the concept of exploratory choice, verbal judgment, the law of effects and an adaptation-level model for affectivity and perception. The concluding chapters provide examples of behavioristic theories and describe a process model of motivation to understand the complexity of cognition and predictability of behavior. These chapters also tackle the role of pleasure and reward in human motivation and learning, as well as present a metascientific frame of motivation. This text will prove useful to psychologists, behaviorist, and researchers.


The Construction of Preference

The Construction of Preference

Author: Sarah Lichtenstein

Publisher: Cambridge University Press

Published: 2006-08-28

Total Pages: 709

ISBN-13: 1139457780

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One of the main themes that has emerged from behavioral decision research during the past three decades is the view that people's preferences are often constructed in the process of elicitation. This idea is derived from studies demonstrating that normatively equivalent methods of elicitation (e.g., choice and pricing) give rise to systematically different responses. These preference reversals violate the principle of procedure invariance that is fundamental to all theories of rational choice. If different elicitation procedures produce different orderings of options, how can preferences be defined and in what sense do they exist? This book shows not only the historical roots of preference construction but also the blossoming of the concept within psychology, law, marketing, philosophy, environmental policy, and economics. Decision making is now understood to be a highly contingent form of information processing, sensitive to task complexity, time pressure, response mode, framing, reference points, and other contextual factors.


Lateral Preferences and Human Behavior

Lateral Preferences and Human Behavior

Author: Clare Porac

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 257

ISBN-13: 1461381398

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Lateral preferences are strange, puzzling, and on the surface, not particularly adaptive aspects of behavior. Why one chooses habitually to write or to brush the teeth with the right hand, while a friend or family member habitually uses the left hand, might be interesting enough to elicit some conversation over dinner or a drink, but certainly does not seem to warrant serious scientific study. Yet when one looks at human behaviors more carefully, one becomes aware that asymmet rical behaviors favoring one side or the other are actually a fairly universal characteristic of human beings. In the same way that we are right or left handed, we are also right or left footed, eyed, and eared. As a species, we are quite lopsided in our behavioral coordinations; furthermore, the vast majority of us are right sided. Considering that we are looking at a sizable number of behaviors, and at a set of biases that seem to be systematic and show a predictable skew in the popUlation, the problem takes on greater significance. The most obvious form of lateral preference is, of course, handedness. When studying behavioral asymmetries, this is the issue with which most investigators start. Actually, we entered this research area through a much different route. Around 1971 we became interested in the problem of eye dominance or eye preference. This is a behavior where the input to one eye seems to be preferred over that to the other in certain binocular viewing situations.


Preference Change

Preference Change

Author: Till Grüne-Yanoff

Publisher: Springer Science & Business Media

Published: 2009-06-11

Total Pages: 273

ISBN-13: 9048125936

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Changing preferencesis a phenomenonoften invoked but rarely properlyaccounted for. Throughout the history of the social sciences, researchers have come against the possibility that their subjects’ preferenceswere affected by the phenomenato be explainedor by otherfactorsnot taken into accountin the explanation.Sporadically, attempts have been made to systematically investigate these in uences, but none of these seems to have had a lasting impact. Today we are still not much further with respect to preference change than we were at the middle of the last century. This anthology hopes to provide a new impulse for research into this important subject. In particular, we have chosen two routes to amplify this impulse. First, we stress the use of modellingtechniquesfamiliar from economicsand decision theory. Instead of constructing complex, all-encompassing theories of preference change, the authors of this volume start with very simple, formal accounts of some possible and hopefully plausible mechanism of preference change. Eventually, these models may nd their way into larger, empirically adequate theories, but at this stage, we think that the most importantwork lies in building structure.Secondly,we stress the importance of interdisciplinary exchange. Only by drawing together experts from different elds can the complex empirical and theoretical issues in the modelling of preference change be adequately investigated.


Methods of Behavior Analysis in Neuroscience

Methods of Behavior Analysis in Neuroscience

Author: Jerry J. Buccafusco

Publisher: CRC Press

Published: 2000-08-29

Total Pages: 341

ISBN-13: 1420041819

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Using the most well-studied behavioral analyses of animal subjects to promote a better understanding of the effects of disease and the effects of new therapeutic treatments on human cognition, Methods of Behavior Analysis in Neuroscience provides a reference manual for molecular and cellular research scientists in both academia and the pharmaceutic


Foundations of Paul Samuelson's Revealed Preference Theory

Foundations of Paul Samuelson's Revealed Preference Theory

Author: Stanley Wong

Publisher: Routledge

Published: 2006-01-13

Total Pages: 143

ISBN-13: 1134385536

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Containing a new preface by Wong, and a new introduction from Philip Mirowski, this classic text within the philosophy of economics, originally published over two decades ago, is a tour de force against revealed preference.