Lecture 9: Reference-Dependent Preferences

Name: Lecture 9: Reference-Dependent Preferences
Uploaded: 2021-09-27T21:21:37Z
Duration: 1 h 19 min 1 s
Description: Description: In this video, Prof. Schilbach explains reference-dependent preferences, a central principle in prospect theory, that is, a person evaluates outcomes and expresses preferences relative to an existing reference point. Instructor: Prof. Frank Schilbach

1:19:01

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Description: In this video, Prof. Schilbach explains reference-dependent preferences, a central principle in prospect theory, that is, a person evaluates outcomes and expresses preferences relative to an existing reference point.

Instructor: Prof. Frank Schilbach