Bernheim, B. and Douglas et al   <br/><br/>
A theory of chosen preferences 

 - The American Economic Review   
 - 3(2), Feb, 2021: p.720-754 
<br/><br/> We propose and develop a dynamic theory of endogenous preference formation in which people adopt worldviews that shape their judgments about their experiences. The framework highlights the role of mindset flexibility, a trait that determines the relative weights the decision-maker places on her current and anticipated worldviews when evaluating future outcomes. The theory generates rich behavioral dynamics, thereby illuminating a wide range of applications and providing potential explanations for a variety of observed phenomena. – Reproduced  
<br/><br/><label>Subjects--Topical Terms: </label><br/>Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification