Order Preference
29 Pages Posted: 17 Jul 2014
Date Written: July 16, 2014
Abstract
In 5 experiments we show that choices between bundles of consumption goods exhibit a preference for ‘order’ that cannot be explained on the basis of utility for consumption itself. The first 3 experiments show that this order-preference is strong and produces robust violations of normative properties of decision making; most strikingly dominance. The two final experiments provide evidence that the effect derives specifically from a preference for choice sets that can be encoded in simple terms.
Suggested Citation: Suggested Citation
Evers, Ellen and Inbar, Yoel and Loewenstein, George F. and Zeelenberg, Marcel, Order Preference (July 16, 2014). Available at SSRN: https://ssrn.com/abstract=2466991 or http://dx.doi.org/10.2139/ssrn.2466991
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