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- ISIDORE Id: 10670/1.0a600e...
- halshs: halshs-04431919
info:eu-repo/semantics/OpenAccess
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Decision Theory Revealed Preference Behavioral Economics D - Microeconomics/D.D1 - Household Behavior and Family Economics/D.D1.D11 - Consumer Economics: Theory D - Microeconomics/D.D8 - Information, Knowledge, and Uncertainty/D.D8.D81 - Criteria for Decision-Making under Risk and Uncertainty D - Microeconomics/D.D9 - Intertemporal Choice/D.D9.D91 - Intertemporal Household Choice • Life Cycle Models and SavingSujets proches
Thinking Thoughts Mind Supraliminal perception Papers World literature Western literature (Western countries) Belles-lettres Funds Funding Family Family structure Families--Social aspects Families--Social conditions Family life Structure, Family Family relationships Relationships, Family Behavioural economics Behavioral economics Economic theory Political economy Commerce--Accounting Finance--Accounting Commercial accounting Business enterprises--Accounting Financial accounting Accountancy Behavioral modeling Modeling human behavior Models of behavior Behavioral models Finance, commerce, confiscations, etc Animal behavior Habits and behavior Biography--Ancestry Relations with family Biography--Descendants Biography--Family AncestryCiter ce document
Avner Seror, « Semi-Parametric Approach to Behavioral Biases », HAL SHS (Sciences de l’Homme et de la Société), ID : 10670/1.0a600e...
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This paper shows how to recover behavioral biases from revealed preference ranking implied by choices. The approach formalizes and unifies known behavioral models, including salience thinking, inattention, and logarithmic perception, thereby accounting for many well-documented choice puzzles. I show that this approach provides a way to filter out choice data from behavioral biases explaining rationality breaches before fitting parametric utility models. The approach is applied to workhorse data sets of the literature on choice under risk and scanner consumer choices.
