Dynamic Preference for Flexibility

DOI10.3982/ECTA10072zbMath1419.91223OpenAlexW3125640360MaRDI QIDQ4615856

R. Vijay Krishna, Philipp Sadowski

Publication date: 29 January 2019

Published in: Econometrica (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.3982/ecta10072

zbMATH Keywords

dynamic choicetaste shockscontinuation strategic rationalityrecursive Anscombe-Aumann model

Mathematics Subject Classification ID

Decision theory (91B06)

Related Items (8)

Comparative impatience under random discounting ⋮ Choice deferral, indecisiveness and preference for flexibility ⋮ Subjective information choice processes ⋮ A theory of subjective learning ⋮ Learning the Krepsian state: exploration through consumption ⋮ Randomly evolving tastes and delayed commitment ⋮ On the identification of changing tastes ⋮ Preferences with taste shock representations: price volatility and the liquidity premium

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