Revealed deliberate preference changeOpen Access

Boissonnet, Niels; Ghersengorin, Alexis; Gleyze, Simon

Research article (journal) | Peer reviewed

Abstract

We propose a model of deliberate preference change that is identifiable, empirically testable, and founded on two normative principles. First, the decision maker (DM) must be able to justify her preference change by making attributes of the alternatives relevant or irrelevant to her choices. Second, DM's successive preference changes must result from consistent deliberations about which attributes to make relevant or irrelevant for her future choices. We show that these two principles are necessary and sufficient to rationalize preference changes by the maximization of a meta-preference. Finally, we illustrate how our model can generate the polarization of political preferences among ex-ante identical voters.

Details about the publication

JournalGames and Economic Behavior
Volume142
Page range357-367
StatusPublished
Release year2023
Language in which the publication is writtenEnglish
KeywordsAwareness; Deliberation; Preference change; Revealed preferences

Authors from the University of Münster

Boissonnet, Niels

Projects the publication originates from

Duration: 01/11/2021 - 31/10/2024
Funded by: MKW - Förderlinie "Profilbildung"
Type of project: Participation in other joint projects