Dynamically consistent menu preferences

DOI10.1007/S00199-024-01593-6MaRDI QIDQ6657655zbMATH OpenFDO

Authors Youichiro Higashi, Kazuya Hyogo, Gil Riella

Publication date 6 January 2025

Published in Economic Theory (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1007/S00199-024-01593-6

zbMATH Keywords

Bayesian updatingdynamic consistencypreference for commitmentpreference for flexibilitysubjective state space

Mathematics Subject Classification ID

Game theory, economics, finance, and other social and behavioral sciences (91-XX)

Recommendations

• Preference for flexibility and dynamic consistency with incomplete preferences
• Preference for flexibility and dynamic consistency
• Preference for information and dynamic consistency
• Dynamic Preference for Flexibility
• Temptation and revealed preference

Cites work

• A Representation Theorem for "Preference for Flexibility"
• A subjective model of experimentation
• A theory of subjective learning
• Anticipating Regret: Why Fewer Options May Be Better
• Behavioural characterizations of naivete for time-inconsistent preferences
• Commitment and self-control
• Commitment vs. Flexibility
• Commitment, flexibility, and optimal screening of time inconsistency
• Dynamic Preference for Flexibility
• Dynamically consistent beliefs must be Bayesian
• Dynamically consistent objective and subjective rationality
• Fiscal rules and discretion under persistent shocks
• Identifying subjective beliefs in subjective state space models
• Learning self-control
• Multiple Temptations
• Naivete about temptation and self-control: foundations for recursive naive quasi-hyperbolic discounting
• Preference for flexibility and dynamic consistency
• Preference for flexibility and random choice
• Random choice and private information
• Representing Preferences with a Unique Subjective State Space
• Revisiting savage in a conditional world
• Stable behavior and generalized partition
• Subjective probability over a subjective decision tree
• Subjective random discounting and intertemporal choice
• Temptation and Self-Control
• Temptation-Driven Preferences
• Updating variational (Bewley) preferences

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