000 01081nam a22001577a 4500
999 _c517958
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008 210806b ||||| |||| 00| 0 eng d
100 _aBernheim, B. and Douglas et al
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245 _aA theory of chosen preferences
260 _aThe American Economic Review
300 _a3(2), Feb, 2021: p.720-754
520 _aWe 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
650 _aEconomic Sociology; Economic Anthropology; Language; Social and Economic Stratification
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773 _aThe American Economic Review
906 _aCONSUMER ECONOMICS
942 _cAR