Behavioral heterogeneity in dynamic search behavior : theory and experimental evidence
- Publication type:
- Journal article
- Metadata:
-
- Autoren
- Daniel Schunk
- Sammlungen
- metadata
- ISSN
- 0165-1889
- Zeitschrift
- Journal of economic dynamics and control
- Schlüsselwörter
- 330 Wirtschaft
- 330 Economics
- Sprache
- eng
- Paginierung
- Seiten: 1719 - 1738
- Datum der Veröffentlichung
- 2009
- Datum der Datenerfassung
- 2020
- Datum, an dem der Datensatz öffentlich gemacht wurde
- 2020
- Zugang
- Public
- Titel
- Behavioral heterogeneity in dynamic search behavior : theory and experimental evidence
- Ausgabe der Zeitschrift
- 33
Data source: METADATA.UB
- Other metadata sources:
-
- Autoren
- Daniel Schunk
- Autoren-URL
- https://www.webofscience.com/api/gateway?GWVersion=2&SrcApp=fis-test-1&SrcAuth=WosAPI&KeyUT=WOS:000269032000007&DestLinkType=FullRecord&DestApp=WOS_CPL
- DOI
- 10.1016/j.jedc.2009.03.006
- eISSN
- 1879-1743
- Externe Identifier
- Clarivate Analytics Document Solution ID: 484GM
- ISSN
- 0165-1889
- Ausgabe der Veröffentlichung
- 9
- Zeitschrift
- JOURNAL OF ECONOMIC DYNAMICS & CONTROL
- Schlüsselwörter
- Dynamic choice
- Behavioral heterogeneity
- Reference points
- Individual differences
- Loss aversion
- Paginierung
- 1719 - 1738
- Datum der Veröffentlichung
- 2009
- Status
- Published
- Titel
- Behavioral heterogeneity in dynamic search situations: Theory and experimental evidence
- Sub types
- Article
- Ausgabe der Zeitschrift
- 33
Data source: Web of Science (Lite)
- Autoren
- Daniel Schunk
- DOI
- 10.1016/j.jedc.2009.03.006
- ISSN
- 0165-1889
- Ausgabe der Veröffentlichung
- 9
- Zeitschrift
- Journal of Economic Dynamics and Control
- Sprache
- en
- Paginierung
- 1719 - 1738
- Datum der Veröffentlichung
- 2009
- Status
- Published
- Herausgeber
- Elsevier BV
- Herausgeber URL
- http://dx.doi.org/10.1016/j.jedc.2009.03.006
- Datum der Datenerfassung
- 2023
- Titel
- Behavioral heterogeneity in dynamic search situations: Theory and experimental evidence
- Ausgabe der Zeitschrift
- 33
Data source: Crossref
- Abstract
- This paper presents models for search behavior and provides experimental evidence that behavioral heterogeneity in search is linked to heterogeneity in individual preferences. Observed search behavior is more consistent with a new model that assumes dynamic updating of utility reference points than with models that are based on expected-utility maximization. Specifically, reference point updating and loss aversion play a role for more than a third of the population. The findings are of practical relevance as well as of interest for researchers who incorporate behavioral heterogeneity into models of dynamic choice behavior in, for example, consumer economics, labor economics, finance, and decision theory.
- Autoren
- Daniel Schunk
- Ausgabe der Veröffentlichung
- 9
- Schlüsselwörter
- Dynamic choice
- Behavioral heterogeneity
- Reference points
- Individual differences
- Loss aversion
- Paginierung
- 1719 - 1738
- Datum der Veröffentlichung
- 2009
- Titel
- Behavioral heterogeneity in dynamic search situations: Theory and experimental evidence
- Ausgabe der Zeitschrift
- 33
Data source: RePEc
- Beziehungen:
- Property of