作者
B Douglas Bernheim, Luca Braghieri, Alejandro Martínez-Marquina, David Zuckerman
发表日期
2021/2
期刊
American Economic Review
卷号
111
期号
2
页码范围
720-54
简介
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. (JEL D11, D81, D91, Z13)
学术搜索中的文章
BD Bernheim, L Braghieri, A Martínez-Marquina… - American Economic Review, 2021