Welfare analysis when choice is status-quo biased

DOI10.1016/j.jmateco.2022.102718zbMath1501.91056OpenAlexW4281621776MaRDI QIDQ2092767

Hassan Nosratabadi, François Maniquet

Publication date: 3 November 2022

Published in: Journal of Mathematical Economics (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jmateco.2022.102718

zbMATH Keywords

revealed preferencewelfare analysisstatus-quo biasSARP

Mathematics Subject Classification ID

Individual preferences (91B08) Welfare economics (91B15)

Cites Work

• Choice functions with states of mind
• Status quo bias, multiple priors and uncertainty aversion
• Revealed incomplete preferences under status-quo bias
• Rational choice with status quo bias
• Limited attention and status quo bias
• The Power of Suggestion: Inertia in 401(k) Participation and Savings Behavior
• Rationalization
• Eliciting Welfare Preferences from Behavioural Data Sets
• A Canonical Model of Choice with Initial Endowments
• Bounded rationality and limited data sets
• Revealed Preference Theory
• The Construction of Utility Functions from Expenditure Data
• Beyond Revealed Preference: Choice-Theoretic Foundations for Behavioral Welfare Economics^*

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