一致性(知识库)
最大化
偏爱
计量经济学
质量(理念)
社会经济地位
效用最大化
功能(生物学)
期望效用假设
经济
数学
计算机科学
统计
数理经济学
微观经济学
人工智能
医学
认识论
哲学
环境卫生
生物
进化生物学
人口
作者
Syngjoo Choi,Shachar Kariv,Wieland Müller,Dan Silverman
标识
DOI:10.1257/aer.104.6.1518
摘要
Revealed preference theory offers a criterion for decision-making quality: if decisions are high quality then there exists a utility function the choices maximize. We conduct a large-scale experiment to test for consistency with utility maximization. Consistency scores vary markedly within and across socioeconomic groups. In particular, consistency is strongly related to wealth: A standard deviation increase in consistency is associated with 15–19 percent more household wealth. This association is quantitatively robust to conditioning on correlates of unobserved constraints, preferences, and beliefs. Consistency with utility maximization under laboratory conditions thus captures decision-making ability that applies across domains and influences important real-world outcomes. (JEL D12, D14, D81, D83, D91, G11)
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