Article ID Journal Published Year Pages File Type
7370652 The Journal of Socio-Economics 2013 11 Pages PDF
Abstract
► Evidence reveals that decision utility is S-shaped with loss aversion. ► We estimate the shape of experienced utility. ► We find evidence of S-shaped satisfaction functions. ► We find mixed evidence of loss aversion.
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Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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Experienced utility versus decision utility: Putting the 'S' in satisfaction
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