Open AccessSearching for the Reference Point
Author(s) -
Aurélien Baillon,
Han Bleichrodt,
Vitalie Spinu
Publication year - 2019
Publication title -
management science
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 4.954
H-Index - 255
eISSN - 1526-5501
pISSN - 0025-1909
DOI - 10.1287/mnsc.2018.3224
Subject(s) - reference model , point (geometry) , computer science , prospect theory , status quo , salary , bayesian probability , econometrics , operations research , mathematical economics , mathematics , artificial intelligence , economics , microeconomics , market economy , geometry , software engineering
Although reference dependence plays a central role in explaining behavior, little is known about the way that reference points are selected. This paper identifies empirically which reference point ...
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