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- W3124616029 abstract "In economic theory, utility depends on past, present and future outcomes. The experiment described in this paper suggests that utility also depends on people's attitudes, and that it can easily be manipulated through these attitudes. The results imply, ?rst, that purely outcome-based models of individual utility may be incomplete. Second, that reference-states are not determined completely endogenously but can be influenced from outside. And third, that experiments in economics may be sensitive to subtle details of the experimental design." @default.
- W3124616029 created "2021-02-01" @default.
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- W3124616029 date "2008-05-30" @default.
- W3124616029 modified "2023-09-27" @default.
- W3124616029 title "Manipulating Reference States: the Effect of Attitudes on Utility" @default.
- W3124616029 hasPublicationYear "2008" @default.
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