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Tom Sawyer and the construction of value

Publication ,  Scholarly Edition
Ariely, D; Loewenstein, G; Prelec, D
May 1, 2006

This paper challenges the common assumption that economic agents know their tastes. After reviewing previous research showing that valuation of ordinary products and experiences can be manipulated by non-normative cues, we present three studies showing that in some cases people do not have a pre-existing sense of whether an experience is good or bad-even when they have experienced a sample of it. © 2005 Elsevier B.V. All rights reserved.

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Publication Date

May 1, 2006

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Related Subject Headings

  • Economics
  • 3801 Applied economics
  • 3502 Banking, finance and investment
  • 1403 Econometrics
  • 1402 Applied Economics
  • 1401 Economic Theory
 

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Ariely, D., Loewenstein, G., & Prelec, D. (2006). Tom Sawyer and the construction of value. https://doi.org/10.1016/j.jebo.2004.10.003
Ariely, D., G. Loewenstein, and D. Prelec. “Tom Sawyer and the construction of value,” May 1, 2006. https://doi.org/10.1016/j.jebo.2004.10.003.
Ariely D, Loewenstein G, Prelec D. Tom Sawyer and the construction of value. 2006. p. 1–10.
Ariely, D., et al. Tom Sawyer and the construction of value. 1 May 2006, pp. 1–10. Scopus, doi:10.1016/j.jebo.2004.10.003.
Ariely D, Loewenstein G, Prelec D. Tom Sawyer and the construction of value. 2006. p. 1–10.

DOI

Publication Date

May 1, 2006

Start / End Page

1 / 10

Related Subject Headings

  • Economics
  • 3801 Applied economics
  • 3502 Banking, finance and investment
  • 1403 Econometrics
  • 1402 Applied Economics
  • 1401 Economic Theory