Centre for Development Economics
Department of Economics, Delhi School of Economics


De Gustibus Non Est Disputandum: An Experimental Investigation


Utteeyo Dasgupta

Wagner College, NY

Tuesday, 4th AugustĀ 2015 at 3:00 PM

Venue : Seminar Room (First Floor)
Department of Economics, Delhi School of Economics

All are cordially invited

The goal of this paper is to examine stability in preferences using the Stigler-Becker state-dependent framework. Using a randomized intervention that changes the opportunity sets of individuals we construct a unique panel data from an artefactual field experiment and evaluate whether the change in the state space influences our selected indicators of preferences: risk, competitiveness, and confidence. We find that risk and competitive preferences inter-temporally are consistent with state-dependent preferences, while measures of confidence seem to depend on past experiences. We also note that there is considerable heterogeneity of preferences across individuals at a point in time.

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