LOST IN STATE SPACE: ARE PREFERENCES STABLE?*

By S. Andersen, Glenn W. Harrison, Morten I. Lau, E Elisabet Rutström. 2008

258 citations recorded by the source corpus.

Subfields: Economics and Econometrics, General Decision Sciences

View Paper: https://www.semanticscholar.org/paper/2b8486b538e175935096033c6e00db0f37297385

Citations in the corpus

• A within-subject analysis of other-regarding preferences (2011, unknown): “From their decisions, we calculated a minimum and a maximum value for the parameters and we conducted the statistical analysis for those extreme values and for an average value.”
• Are Risk Preferences Stable Across Contexts? Evidence from Insurance Data (2011, unknown): “33 Two recent papers that examine the stability of risk preferences over time are Steffen Andersen et al. (2008) and Manel Baucells and Antonio Villasís (2010). One recent paper that studies covariation of risk preferences among household members is Kimball, Sahm, and Shapiro (2009).”
• Measuring the time stability of Prospect Theory preferences (2010, unknown): “Andersen et al. (2008a) study the temporal stability of Holt/Laury-based CRRA coefficient estimates by revisiting subjects at five points in time over a 17-month horizon.”
• NEUROECONOMICS: A CRITICAL RECONSIDERATION (2008, unknown): “Andersen et al. (2008b) illustrate how one can apply it to determine if preferences are stable over time, and the subtlety of putting operational structure on that question even in a controlled experimental setting.”
• Risk Tolerance and Entrepreneurship (2013, unknown): “This assumption is debatable but consistent with panel evidence from Andersen et al., (2008) and Sahm (2007), and with cross-sectional evidence from Barseghyan et al. (2011) and Dohmen et al.”
• Are risk preferences stable? Comparing an experimental measure with a validated survey-based measure (2008, unknown): “Sahm (2007) used panel data from the HRS to show that risk tolerance defined from the gamble questions is relatively stable for individuals over time, and Andersen et al. (2008) showed that risk attitudes defined from the lottery choice task are stable over time.”
• The psychometric and empirical properties of measures of risk preferences (2017, unknown): “…part because previous work has shown that changes in observables can explain only a small share of the transitory variation in measured preferences (Andersen et al. 2008; Josef et al. 2016; Meier and Sprenger 2010; Sahm 2012), and in part because only about a year elapsed on average between the…”
• Risk Aversion in the Laboratory (2008, unknown): “Andersen et al. (2008a) do this, and infer discount rates for the adult Danish population that are well below those estimated in the previous literature that assumed RN, such as Harrison, Lau, and Williams (2002), who estimated annualized rates of 28.1% for the same target population.”
• Temporal stability and psychological foundations of cooperation preferences (2012, unknown): “5 Horowitz (1992), Andersen et al. (2008) and Zeisberger et al.”