Context-Dependent Heterogeneous Preferences
A Comment on Barseghyan and Molinari (2023)
Bibliographic Data
| ID | 19418052 |
|---|---|
| Authors | Matias D Cattaneo (0000-0003-0493-7506, Princeton University, corresponding author), Xinwei Ma (0000-0001-8827-9146, University of California San Diego), Yusufcan Masatlıoĝlu (0000-0002-9423-3272, University of Maryland, College Park), Yusufcan Masatlioglu (Department of Economics, University of Maryland, College Park, MD) |
| Year | 2023 |
| Volume | 41 |
| Issue | 4 |
| Pages | 1030-1034 |
| Publication date | 2023-10-02 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Journal of Business and Economic Statistics (JOURNAL) |
| Journal identifiers | ISSN: 0735-0015 • E-ISSN: 1537-2707 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/07350015.2023.2216740 |
| OpenAlex | W4387389223 |
| Language | EN |
| References cited | 11 |
Barseghyan and Molinari give sufficient conditions for semi-nonparametric point identification of parameters of interest in a mixture model of decision-making under risk, allowing for unobserved heterogeneity in utility functions and limited consideration. A key assumption in the model is that the heterogeneity of risk preferences is unobservable but context-independent. In this comment, we build on their insights and present identification results in a setting where the risk preferences are allowed to be context-dependent
Actuarial science · Econometrics · Economics · Geography · Microeconomics · Nonparametric statistics · Preference · Unobservable · Decision-Making and Behavioral Economics · Economic and Environmental Valuation · Health Systems, Economic Evaluations, Quality of Life
| Citation velocity | historical |
|---|---|
| Highly cited | No |